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Friday, 09/16/2005 8:23:15 AM

Friday, September 16, 2005 8:23:15 AM

Post# of 190
WSBL, classic downtrend reveral induced by short squeeze and technicals.

http://stockcharts.com/def/servlet/SC.web?c=WSBL,uu%5bm,a%5ddaclyyay%5bpb50!b200%5d%5bvc60%5d%5biUb1....

WSBL micro cap about to shine in my opinion, here is some dd. My target is .20+ Management is suppose to be rolling out many products during this quarter. They stated that in the last few PR's I believe.


WSBL in a 20 billion dollar industry and after being in a downtrend looks like reversal is coming.. There was a doji 2 days then a confirming candle for overall trend.

I expect to see shorts aquuezed as buying comes in. With only 18 mil in float and 9 of that locked up for 9 mos, i expect one hell of a short squeeze here. The stock traded at .065 2 weeks ago and i think this represents a great entry for a 1-6 week swing or longer depending on your inverstment objectives.

1-6 week target is .06-.13 longer target 1-3 months .20-.45+
Their last report showed decreasing debt and increasing revenues. An entry at .015-.03 is a gift.


See chart, unlike most pennies this is a company with a real product, revenues and more then a po box. hypo top on chart is .45 Revenues are projected to increase significantly quarter to quarter. With in roads into a 20 billion industry not limited to medical industry but also governmental entities the potential is endless.


Some bullets from shareholders letter

4. The company applied for and was successful in the receipt of a Commercial And Government Entity (C.A.G.E.) identification number, and will be actively seeking contracts with the federal government for transcription and document production.

3. As part of the company's expansion efforts, the WordMates brand of typing and document production outlets is expected to open its first location to the business community and general public in fall 2005.


2. The company has an exclusive agreement with JBD Consulting to institute national and global sales and marketing strategies of the WaveScribe products and services through JBD. JBD corporate executives have a resourceful and capable past that includes major corporations in the transcription and mass document production industries.




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