I've been around WNBD since 2006 and have watched the stock closely. Despite the fact that there have been over 200 PR's in the last 3 years, TV ads in the past, association with NASCAR, hopes of a National account, etc, etc.. this stock is trading right in the area it has traded for the last few years except for a few runs on PR's like the one we got this week but it ALWAYS comes right back down just like the share price is starting back down today. There isn't NEAR the interest in this stock as there once was because so many have been stung with this stock over the years. Even with yesterdays rally and 11 million shares trade that is a small fraction of what the stock once traded. Yesterday it traded about $130,000 worth of shares and in the past we had double that amount in the first 30 minutes of trading. Have you even checked out the earnings and share count of this stock over time? In the first quarter the total sales of it's products were about $159,000 yet it's operating cost during that time was over $423,000. Now you tell me how long you think a company can operate with numbers like that? You triple the total sales and you still have a problem and you can bet that the debt and share count will be even higher when we get the next quarterly numbers. That $159,000 in sales didn't even cover advertising and finance cost and fees so you have shortfall of about $260,000 PER QUARTER to cover wages, maintenance, legal,investor relations, facilities, etc. WNBD doesn't even make the biggest majority of it's products so a huge chunk of what they bring in goes directly to Surefil Corp. in Michigan to mix, fill, label and ship the products. IMO if an investor can't find any better buying opportunity than this stock they might better keep their money in the back. GLTY
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