Tuesday, September 14, 2010 1:03:37 AM
And it is clear to anyone here that WNBD has stumbled at a critical juncture, with the problems/delays on DRTV, DSD, Walmart CA, and Lowes USA.
Still, straight-line predictions have a way of being correct right up until they are wrong.
Maybe you are correct about the 003s -- heck we aren't all that far away, eh?
But then again the market cap is only $6mm, and I happen to think that a contract with Duane Reade could be extremely important. Not only would it be a signal of acceptance into US pharmacy chains, but the initial orders could help reduce pressures to issue more shares -- give WNBD the breathing room to wait for many other initiatives to pan out.
I'm not going to sell down here. But of course you are free to do as you like.
Wadi
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