Can someone please explain to me why there is so much discussion on market related technicalities involving a non-reporting pink sheet company? It all means nothing except that there are some MM’s propping up the stock. There are no fundamentals associated with this company that are verified by anyone or even checked by the MM’s, as this would violate insider rules. The point is no one but their accountant knows, and he ain’t talking. If you sincerely believe that NWAU, or whoever they end up being, is going to book $8 million in profit next year, you need professional help. If management does an incredible job, at best they’re going to break even and I would not bet on that outcome. Also, if and when they become reporting, you have seen your last earnings guidance form these guys. The punishment from the MM’s for missing a forecast would be swift and brutal with no forgiveness.
If you want to talk about something why don’t you pumpers try to do some research on the note lot business to see if there’s ever been, in the history of note lots, the kind of profits they are talking about, generated with their current projected revenue base? And don’t forget the GPS business, which is currently losing money and may only breakeven using their own current projections. When you get your answers, apply the numbers and then look at the fundamentals. I think you will be shocked what it’s costing you to play with this stock. Of course I know none of you will do any of this, you’re going to keep talking about volume, opens, closes and what Scott ate for lunch today, you know, important stuff……Dog
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