Wednesday, August 18, 2010 11:24:58 PM
It just seems like enough is enough. I don't have, and have never had, problems with people shining light on the negatives, it's just the way it's being done.
As someone who follows the company closely, I'm already well aware of the company's negatives. I read the financial reports, the memos, all the information provided by the company (DISCLOSED BY THE COMPANY ITSELF, it might be noted,) and even with all this information I still choose to invest in WNBD. Why? Because I think they still possess the potential to achieve their goals. Not sure how long it will take, or even if it will happen, but I like the probability of it happening. Nothing is certain in life, the least of which stocks, and in the case of something speculative like this stock, one must balance all the information and choose to invest or not to invest based on their evaluation. I like the CEO, I like his ability to delegate, and I like the product.
Posting information from the investor's page as if it's something new? Bringing up old conference call quotes that are no longer relevant? Come on guys. These things have always been there, they don't become newer or more exciting each time they are discussed, in fact, quite the opposite...
It's unnecessary, and downright rude, to anonymously and needlessly attack anyone, even the CEO of a pink-sheet company. We know as much as we do about WNBD because the company has chosen to disclose it, and some things because people have chosen to do their own DD (calling or visiting stores on the locator comes to mind) but the bulk of what we know comes from the company themselves. Sometimes this is a warning flag, but in the case of this company, the financials, in my opinion, appear to be authentic and their statements earnest.
The CEO is honest, and discloses everything he can reasonably be expected to disclose, doesn't hype projected financials, doesn't embelish. Every now and then he makes the odd mistake, but it doesn't appear to me that he's intentionally deceiving anyone, and that's good enough for me. If this company was a scam, it would be run like a scam. At the moment, it's not. At the moment, it's being run like a fully-disclosing public company who have had some setbacks but who continue to press on with optimism and hard work.
But at the end of the day, WNBD is still a penny stock and as a thinly traded penny stock, it is still subject to games and manipulation, just like every other penny stock, unfortunately.
As someone who follows the company closely, I'm already well aware of the company's negatives. I read the financial reports, the memos, all the information provided by the company (DISCLOSED BY THE COMPANY ITSELF, it might be noted,) and even with all this information I still choose to invest in WNBD. Why? Because I think they still possess the potential to achieve their goals. Not sure how long it will take, or even if it will happen, but I like the probability of it happening. Nothing is certain in life, the least of which stocks, and in the case of something speculative like this stock, one must balance all the information and choose to invest or not to invest based on their evaluation. I like the CEO, I like his ability to delegate, and I like the product.
Posting information from the investor's page as if it's something new? Bringing up old conference call quotes that are no longer relevant? Come on guys. These things have always been there, they don't become newer or more exciting each time they are discussed, in fact, quite the opposite...
It's unnecessary, and downright rude, to anonymously and needlessly attack anyone, even the CEO of a pink-sheet company. We know as much as we do about WNBD because the company has chosen to disclose it, and some things because people have chosen to do their own DD (calling or visiting stores on the locator comes to mind) but the bulk of what we know comes from the company themselves. Sometimes this is a warning flag, but in the case of this company, the financials, in my opinion, appear to be authentic and their statements earnest.
The CEO is honest, and discloses everything he can reasonably be expected to disclose, doesn't hype projected financials, doesn't embelish. Every now and then he makes the odd mistake, but it doesn't appear to me that he's intentionally deceiving anyone, and that's good enough for me. If this company was a scam, it would be run like a scam. At the moment, it's not. At the moment, it's being run like a fully-disclosing public company who have had some setbacks but who continue to press on with optimism and hard work.
But at the end of the day, WNBD is still a penny stock and as a thinly traded penny stock, it is still subject to games and manipulation, just like every other penny stock, unfortunately.

