Yep, its a perfect setup for a major SPEA-type pop, has been all green from the get-go, and maybe that was the objective all along..
With that firm, tested bid, I'm reasonably certain that:
1. This is the real deal run, not on hype, and all the BEPP
holders have been shaken out.
2. The insiders are looking for a number of at least $3-$5 on the deal, not just .50-$2. Remember this all started after SPEA there in Vegas, so the insiders may be looking for as high as a 10 spot.
Can't be totally certain because there hasn't been serious money showing up here at WGMC yet. But when the serious money shows up, that 0 float will get popped huge, and it would be way too late for major 100-bag speculation profits though.
I tell you another one that 200k floater HWYI $1.65/$1.70 looks like a huge monster just showed up on the pink sheet scene. NYSE material there, and the bag just started popping with some major power buys and upticks. With insiders throwung $25k bags of cash at such a thinly traded stock on a summertime Friday, you know that one's got 10 spot written all over it too... 200k float could go $3 ching $5 ching $7 ching $9 ching in 1 day on the right news.