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loop

02/05/09 10:35 AM

#18904 RE: Mike8000 #18903

I'm worried as well. If something good is happening, they would have told us, I think. I remember there was what seemed like a long silence last year and then they tell us WWTBAM is losing money. The stock peaked over a year ago the day the first episode of WWTBAM aired and has been on what looks like a long and fairly steady decline to zero since then.

It seems like their profitability depends on them getting distribution for many programs on 100s of channels each plus getting someone else to foot the majority of the bill for producing the shows. I'm having difficulty right now seeing how that's going to work out successfully.
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heptikus

02/05/09 3:32 PM

#18910 RE: Mike8000 #18903

Not really optomistic as much as just applying what I've seen in the past with AAGH. Volume is coming, imo. After hour trades along with the recent S-8. This should get good soon. Here's a run down of how the pps has responded in the past in similar situations.

1. Aug 06 Low = .07 (early Aug) High = .40 (late Aug)

2. Dec 06 - Jan 07 Low = .018 (late Dec) High = .15 (late Jan)

3. July - Sept 07 Low = .05 (mid July) High = .355 (late Sept)

All three have these things in common:

1. A very positive news event was expected.
2. An S-8 was issued either before of after the news.

It doesn't get any simpler than than!