Wireless Age Communications, Inc. (fka WLSA)

[EDWARD STEVENSON]

most penny stocks have NO fundamentals to speak of. That is a truly useless pursuit.


I agree with you in that sense, however, most investors here have found undervalued characteristic that they feel comfortable exposing their portfolios to. Since Fundamental Analysis would not work without something to analyze (like a balance sheet), the market has treated this one speculatively. However, that speculation is what separates true investors willing to dig deep into a company to find one that may potentially yield a high ROI, with those looking for a quick 'bang for their buck'. Speculation drives the market. Value investors will create serious movement once those fundamentals are reported through financial statements. I call it the risk vs. reward concept. Research is a must.