MATRIX Penny Stocks

[Marvelmeister2002]

WLSA- volume coming in, ahead of the conference call on Thursday. Should be a good one, imho: http://news.moneycentral.msn.com/ticker/article.asp?Feed=BW&Date=20040902&ID=395 0445&Symbol=US:WLSA

I'll be listening closely, and expect to be pleased with what I hear. This stock has become extremely oversold, and could snap back hard if the call is encouraging.

I expect Simmonds and/or other WLSA insiders to be doing additional insider buying, per Simmonds' prior comments. That would be an impressive show of confidence, especially in light of Simmonds' previous purchase of 400k shares at $1.50 (comforting to know that he's currently farther underwater on his WLSA investment than I am, as my cost basis is "only" about $1.20.) Hopefully, he'll discuss that in this upcoming call- but I expect it to happen and to be a big catalyst for the stock price either way.

I think that the upcoming call will be the start of a period of greater visibility for WLSA. This stock has been tremendously under the radar so far, and I expect to see that start to change as Simmonds gets the word out about the company's potential.

Meister