InvestorsHub Logo
Followers 86
Posts 8261
Boards Moderated 2
Alias Born 02/08/2008

Re: CharlesNet post# 14281

Thursday, 10/27/2011 6:28:05 PM

Thursday, October 27, 2011 6:28:05 PM

Post# of 17088
I think you guys are all analyzing this thing to death.

You can't compare this to any billion dollar company. The fact is you can really only compare this to other bulletin board or pink sheet companies.

These other companies have 10x more debt than revenues. No real operating businesses. Hyped up stock prices. Dilution of shares. And, no real growth.

You compare this to any bulletin board company with the same market cap and WNRC is 10x the company they are.

Growth rates here just don't compare. Profitability doesn't compare. Buy back of shares doesn't compare.

Before everyone puts on an analyst hat (and I assume no one here is a paid analyst for a major investment firm)...just realize WNRC is making a huge something out of nothing. I am more than willing to say WNRC has done enough to have a valuation much higher than it did in February (after Satview acquired Baja). You guys can give me every reason in the world why it should be priced at $.18, $.25, $.45, etc. But my opinion is that is all way too low.

Simply put compared to all the other OTC companies out there WNRC is in the top 2%...and, should be priced accordingly so. Which, should put it $10-25 Million Market Cap...or 2-5x it's current price.