linda,
i really don't have an opinion about how low winmq could go. i find it most interesting how it has held in a fairly narrow range this past week.
intrigued by the docket which you have referenced on more than one occasion that assets exceed liabilities.
encouraged that creditors seem to want to work with win. further intrigued with the filing taking actions to preserve the nols which might lead one to believe win might be looking toward some kind of merger. since win has made comments about seeking to emerge fairly quickly from bk, certainly looks like they might have some plan in mind.
based on all of that i would be surprised if it were to fall below $0.20. bragging rights for buying at the absolute bottom will be shared by few i would imagine. if they are able to reorganize either through concessions with creditors or via a merger and commons stay intact, there will be plenty of upside for everybody at these levels.
if traders are unsure and flipping takes place, then the volume issue could be addressed from that standpoint alone. yes, apparently minimal float but active day traders can buy/sell providing a market for any/all who want to play whether their game is buy and hold or flip.
i've taken a small position but would like to add more and am content to see how this moves.
News 
Market Data 
Discover 
