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Re: ORCA post# 156575

Tuesday, 01/04/2011 4:37:51 PM

Tuesday, January 04, 2011 4:37:51 PM

Post# of 241117
Taki, last year we had some forward looking events going into January - DRTV had just begun and the company was about to release financials. This year, we have nothing - save for maybe a Lowe's expansion. IMO, what's killed this stock hasn't been any of the silly things people have posted about this company over the past year, no, what's killed this stock is that they started posting financials. Reporting financials is good, but it severely limits the amount of speculation one can do. How much is WNBD pulling in? Last year at this time we didn't know, but now we know, and we can sorta extrapolate that information and guess at how much they will be doing in the near future.

Again, I like the fact that they report financials, because it offers a couple advantages: it differentiates the company from other penny stock companies by making it more of a "real" company; it gives people an opportunity to evaluate the progress of the company using actual metrics; it can be a catalyst to get the share price moving if revenues suddenly jump up significantly in a single quarter. So in the long term, financials are a good thing. However, in the penny markets where hype and speculation drive the share price up, (in the near term) if things aren't Rosy and Sunny as hell, it's obviously going to have a detrimental affect on the stock, as we have seen. What the CEO has accomplished by reporting financials with this stock has been to essentially weed out a majority of the traders and flippers so only people with "long-term" positions are left. Is this a good thing or a bad thing? Depends on your perspective. If I'm long term, and I'm given the extended opportunity to purchase shares at rock-bottom prices, I am grateful for it and will most certainly take it.

Now, that's not to say interest can't come back into this stock and along with it traders, flippers, momentum, and volume - but the CEO has to want that to happen. At the moment, he doesn't seem overly concerned with it. After all the blog is for the benefit of "shareholders" not "flippers and traders."

Just my opinion.



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