InvestorsHub Logo

lbdave

01/03/11 3:15 PM

#156479 RE: ActivClient #156476

Maybe I should have explained this a little better, so you would understand why I stated not out of the relm of possibility (which equates to "out of the relm of probability") While I'm at it I will answer another of your questions to help explain.

Discussion of WNBD share price going to .10 is not completely out of the relm of possibility



There are actually several reasons of stocks reaching unrealistic highs are possible in this market. Momenteum can do wonders for stocks, and given WNBD had approx. 600 mil shares outstanding at that time made it possible. It's also possible it can happen again, but knowing momenteum can't be maintained forever, any large spike will be short lived unless there is a substantial basis for the increase. From all indication expressed from Eric thus far is, that he expects the growth to be one of natural progression which will result in a sustained PPS growth as opposed to drastic spikes followed by drastic pull-backs. It's up to investors/traders whether they are willing to wait for this type growth to occur, but this seems to be the jest of it at this time.

Then can you explain to me how it was possible for WNBD to reach .05 pps? Their sales back then were lower than than they are now...not understanding if sales are more now, we show see higher than .05 now right?