Friday, May 04, 2012 2:42:53 PM
There is a vast seperation in the penny market between the stock and the company, as long as they continue to trade on hype, charts, promo, and momenteum. The are OTC companies with 15-20 million in revs that trade with a market cap of 5 million, while other OTC companies have no revenue and trade with a market cap in the hundreds of millions. So, to say the ticker WNBD is just the ordinary penny stock would more accurately portray the stock. The company on the other hand is head and shoulders above 99% of the companies listed on the OTC market.
What will narrow the gap between the WNBD the ticker and WNBD the company will be success of the company, and a shift to trading on the fundamentals. It has been mentioned that once the company has accomplished goals that should deserve and maintain a higher share price, then awareness would be known. Until either of these two things are accomplished WNBD the stock will trade where the market dictates without direct influence.
This a complete assumption on your part, while others assume things were in the making, but didn't materalize which would have created an end, or considerable reduction in the dilution you speak of. Both are opinions, and there's only one person who knows the real reason for the congratulations, but it comes down to whether you believe him or not.
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