Thursday, October 27, 2011 6:28:05 PM
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.
Got a DOW stock?
http://www.investorshub.advfn.com/boards/board.aspx?board_id=14664
Got a NASDAQ stock?
http://investorshub.advfn.com/boards/board.aspx?board_id=21624
Foundation For A Better Life
http://www.Values.com
Avant Technologies Engages Wired4Tech to Evaluate the Performance of Next Generation AI Server Technology • AVAI • May 23, 2024 8:00 AM
Branded Legacy, Inc. Unveils Collaboration with Celebrity Tattoo Artist Kat Tat for New Tattoo Aftercare Product • BLEG • May 22, 2024 8:30 AM
"Defo's Morning Briefing" Set to Debut for "GreenliteTV" • GRNL • May 21, 2024 2:28 PM
North Bay Resources Announces 50/50 JV at Fran Gold Project, British Columbia; Initiates NI 43-101 Resources Estimate and Bulk Sample • NBRI • May 21, 2024 9:07 AM
Greenlite Ventures Inks Deal to Acquire No Limit Technology • GRNL • May 17, 2024 3:00 PM
Music Licensing, Inc. (OTC: SONG) Subsidiary Pro Music Rights Secures Final Judgment of $114,081.30 USD, Demonstrating Strength of Licensing Agreements • SONGD • May 17, 2024 11:00 AM