Well, I have an order in for 1.2mm at 0.0023. That's a lot of shares, but not much money (under $3k).
Not yet sure if I'll buy more there or hope for 0.0020.
I sense that this is about to turn, but it is very hard to call the precise bottom on these long slides that WNBD has perfected.
So, the idea is to scale in.
I truly believe that apart from the PPS (which affects how many shares WNBD must issue for a given amount of capital), WNBD is in a better situation now than ever before. Certainly much better than when it was at 1.2c in June, with DRTV doing so poorly (those order numbers looked wrong to me), DSD hitting speed bumps, and Lowes USA not materializing.
I'm thinking we a sequential INCREASE in revenues in the financials (due by the 15th). Nothing major, but a step in the right direction. And I think we are going to see evidence that the pace of revenue increases is going to accelerate.
There might be tough sledding during tax-selling season. But then again, some folks like me have already taken any tax losses (I cleaned WNBD out of my taxable account and waited the 30 days to buy back).
So, I'm scaling in, and now the 0.0023s are getting hit (though not yet my order).
Wadi
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