Winning Brands Corporation (WNBD)

[flaflyersfan]

Looks like my premonition of .001s this week for WNBD was spot on;

Now it is truly DEER IN HEADLIGHTS time;

- most will find it impossible to sell at a huge loss even to preserve capital. Most in the markets will never sell at a loss even a small one which means every dollar put in will never be redeemed. This is called "Long". No matter how much down; always holding out hope for not only break even but substantial gains that they still would not sell to make any money. It is even worse if profits were not taken in the past as the thought is that it must return to those levels and prevents selling before it gets there again which is unlikely to happen.

- then there is the worst thing any stock buyer could do; AVERAGE DOWN. Averaging down vitrually ensures marriage to a stock as no matter how low it goes, it always seems a good idea to buy more. It is like seeing a nickel sticking out of something floating in the toilet and you throw in a dollar to make it worth retrieving $1.05. Because it is so unlikely to average down enough to break even, it is the worst thing one can do on a penny stock. If the miracle of break even does occur, most still will observe the rule of being Long and never sell at any price always thinking tomorrow will be better.

So they stand, DEER IN HEADLIGHTS until the 18-wheeler obliterates them.

Good luck.