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PennyScalper

01/15/12 2:10 AM

#44 RE: jay1237 #43

I was going to say the same thing along those lines. So far, the campaigns between LTSN and WSML are eerily similar:

1) They both started at the EXACT same PPS, pre-promo.

2) They both have the EXACT same promotion budget: $1.3m.

3) They both have (had) a heavy promotion by Mr X, among others.

WSML tanked horribly out of the gate, dropping down to the low .40s before rebounding to a high of $1.36. As far as I can see, the only real advantage that we have over WSML is that LTSN has ALREADY crashed down to a 52-week low, whereas WSML was brand new on the scene and no one really knew where the floor was. However, if heavy dilution starts with the advent of the LTSN promo, don't get rattled if the PPS takes a dive. I bought WSML at $1.11 and held strong, even when it crashed. In a week's time, it rebounded and I actually took profits when it hit $1.30.

But let's hope that is all up from these levels! :-)
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Deewar25

01/15/12 4:08 PM

#55 RE: jay1237 #43

can't compare to WSML...the compensation size was BS in hopes to rival RAYS and take away some liquid...it was probably a tiny budget or even nothing at all since it was a company that Mr X himself setup...this is now back to the standard, the budget has been received (at least worded that way) and its the time of year that these types of promos usually do very well. There has also not been ridiculous runup on price on frontloading, another thing that did a number on WSML.

Count on a better play this time around IMH