Friday, March 11, 2011 11:07:35 AM
I believed that the weekend blog that Eric was so upbeat about a few weeks back that he was set to announce some great things.
The reality is that not even DUANE READE start up is going as planned.
I would like to think that .0025 is a buy point but I just dont know if I could give that recommendation.
I just have a feeling that with whats in the pipeline honestly should help but with ERIC WHO THE HELL KNOWS.
THIS GUY HAS NO PROBLEM CASHING HIS CHECKS BUT FOR SOME REASON HE JUST WONT PROMOTE HIS OWN COMPANY and I believe the sentiments are at an all time low. Just look at the way this is trading on the cusp of what is suppose to be some of the largest deal closings in wnbd history and its like everyone is afraid to touch this stock. THE BOTTOM LINE IS YOU CANT BLAME THEM.
Can wnbd succeed sure it can. I want to say .0025 is a good buy point and I repurchased at .0028 a few weeks back but that has been the high for the recents weeks and I feel I got a slap in the face.
The reality is I dont think ERIC could care less about his shareholders or promoting the stock price.
There simply is more questions then answers and this guy just does not seem to be the closer that he wants everyone to think he is.
With that being said. Closing an National Account and wnbd becomes a completely different company.
My guess is you have plenty of time to get in this stock. It might not be at .0025 but I think the way this stock trades even on a national account announcement that .003 will be no problem.
You might even have a chance to get in below .0025 the way this is going. I just could not give you a buy signal for this stock.
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