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Re: jsbabu post# 288

Tuesday, 04/05/2011 9:06:59 PM

Tuesday, April 05, 2011 9:06:59 PM

Post# of 530
It takes some pecans to buy at 52 week lows in this space when overall sentiment is at the lowest I can ever remember, but greater risk can bring greater returns. I am still buying WKBT into the 1.40s after thinking that the 1.50s were the bottom.

Some stock paid consultants may be selling to raise cash, but these are not the WKBT holders I am following for sell advice. They got shares for a service and need to convert that to cash for their own business purposes. I get that. The bearish sentiment in this space is not bringing in the buyers that WKBT needs to offset these compensation sellers and scared retail holders.

I do not know when these sellers will be done, but I can not help but buy at 1.6 PE on 2010 audited #s.





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