This one will have to be taken slowly like a fine California Merlot. Sipped. Not gulped.
Can't get overly positive or negative.
I would think that the best we can hope for next week at most is a few more bids in the .03--.045 range.
And for the ask to be brought back down to realistic levels.
Between .03 and .045 (?)
The best example I have is HCEI.
Very low float. WSYS float may be even lower.
HCEI traded with hugh swings until BAM! it took off on high volume with a little news. Look at it's chart and history.
HCEI has float of 6,514,610 as of Sep 25, 2009
WSYS float is unknown exactly but has 11,948,445 issued and outstanding as of July 31, 2009 and 1 creditor owns 75% of issued and outstanding shares.
WSYS float? Must be much lower than 11,948,445 if he owns 75% of them. I would take a guess at between 4mil--6mil
HCEI has a SKULL AND CROSSBONES on pinksheets.
WSYS is current on filings and has PS(Pink sheets Current)beside symbol.
You know how much money HCEI makes? No one does. If any.
WSYS is not a company(yet) and makes nothing either. But they are at least honest about it and are staying current while looking for a RM.
HCEI trades at .69 today.
These are just thoughts and comparisons.
Feel free to poke as many holes as you want in my reasoning.
Afterall, this is just an experiment.
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