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Thursday, March 01, 2012 10:41:39 AM
Not a single person willing to pay .0004 per share for WNBD stock today.
I do not believe that is necessarily true. I would be willing to pay .0004, but if I do not have to, then why should I? If people are willing to sell to me and others at .0003 or even .0002 then I see no reason to pay a premium.
Myself or others buying on the Ask is not going to move this stock up. To move this upwards is going to take a substantial piece of news. Until that hits, why fight the trend?
I don't know if .0002 will be a reality or not, but I cannot imagine any seller at this point in time would be making any money selling at that price point.
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