InvestorsHub Logo
Followers 61
Posts 3673
Boards Moderated 0
Alias Born 01/27/2008

Re: Long Island Andy post# 182437

Thursday, 02/23/2012 11:38:06 AM

Thursday, February 23, 2012 11:38:06 AM

Post# of 241039
You are absolutely correct, but this is what you have to deal with in the penny market. There is such an absolute disconnect between the company and the stock in pinkyland it is laughable. There are companies with gross revenues of 10,000 dollars that will trade with 300 million dollar market caps, and companies with 15 million gross revenues that trade at 2 million dollar market caps. People can say what they want, and harp on their reasons for the share price being where it's at currently, but essentially it all boils down to hype and momentuem in this market. WNBD has fallen out of favor with with the traders in this market due to not getting the much desired promo campaign. What will move WNBD forward in the future will be meeting the objectives set forth by the company itself, and attracting a different breed of investor. If the company is able to secure proper financing and move through the growth phase into a profitable position, become fully reporting, then it will get new eyes on it from investors with longer term horizons that love investing in company's at an early stage of profitability.

Until this times comes if it does, we will have deal with all the various opinions of the terrible share price. I like my odds for success in the future, and thus the reason I'm here.