The Golden Lounge

[cagney]

Re: WGMC. "Don't break my deal, my achy breaky deal"

Out of my 4 spec plays, WGMC, TELV, PPMC, and HIRD,
two deals fell thru just in the past week, TELV deal delayed since March, and WGMC does not look immune to the complexity of trying to close a deal in this day and age of penny stocks:

1 dead one on last Friday at HIRD:
http://biz.yahoo.com/prnews/050617/daf034.html?.v=12

and a week earlier died at PPMC:
http://biz.yahoo.com/bw/050531/315274.html?.v=1

But the point being even if these deals break, dese youts always have a backup getting setup with "other parties", like I was just reading about HIRD on Friday:

"The Company is currently involved in negotiations with these other parties regarding the sale of Datatek"

I actually hope WGMC gets in bed with something more flashy than a Mexico timeshare, and with all tiny 4-8m floats, none of these spec plays will turn to dust any time soon IMO, as long as they are still wheelin and dealin with "other parties".