Replies to post #16922 on uWink Inc. (UWKI)

[rpt]

Thank you so much for
saving us from ourselves.

[the big guy]

perfectly right. It is impossible to tell what a stock is going to do. These boards are full of theories, likely none of which are true. i made such a bundle the first time, I can't help but hope it will happen again, but that is all it is.. hope.. has not transpired. Almost every time I think I can predict price movement.. wrong again!

[panzer6]

Cant help but wonder about your motives.

[Silensir]

Calling Nolan a shark is a bit extreme. Yeah we know it's a penny stock, we know the risks. Don't ignore the strengths of this company. I see people either way too happy about this stock or way too negative. I'm glad there are a few people on this board to actually seem to have some sense. I'm sure there are plenty of companies that started as penny stocks that broke out of it. UWink is great idea, solves a ton of problems that the restaurant industry has. I'm still holding my shares until the end of the year at least.

[the big guy]

but... I would chalk up the recent downtrend to the overall downtrend in the market, nothing more. We saw some good volume about a week, 2 weeks ago, which did not materialize in a price increase. It should have. The indicators are up, showing it as OverSold. Since there is no reason for the price decrease, the only conclusion that can be drawn is that it is Oversold. The basic facts about uWink have not changed. It would appear that the speculators are not in this time. Maybe again because of the overall market conditions.

In actual fact, uWInk has faired fairly well compared to other stocks. For example, PTS (Canadian) is a fairly well-known promising hitech stock. It is down to 1.25 from 4.00 at Xmas. And there is no fundamental reason why. In fact, the earnings were up last report and will be still better this time. Just turned profitable. Conditions right now are such that it is better to simply sit on the sidelines and not be in at all. One thing about your post that you are alluding to is simply making too many decisions and trading too often.

I say give it some time to reflect the strength the indicators says it has.