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tbirdman

04/16/12 8:07 PM

#4238 RE: gfp927z #4237

BWOW just had a terrible Q4 and guided for an even worse Q1. pos imo
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Frankiy

04/16/12 8:59 PM

#4240 RE: gfp927z #4237

I have sold all my BWOW as of today. The first Quarter gonna be a disaster in revenue and profit and I dont believe in a better Q2 2012 either. BWOWs float has increased to 3.61M by the way. I have dropped it from my watchlist also. There are way better plays out there imo...
http://www.dailyfinance.com/quote/nasdaq/wowjoint-holdings-limited-common-shares/bwow/key-statistics

2012 Guidance and Contract Backlog

Management issued revenue guidance for the first quarter of 2012 of approximately $1 to $2 million. The first quarter tends to be a slower quarter historically for the Company. Presently in China, there has been a decrease in infrastructure spending, which has had an impact on projects the Company would be involved in. We anticipate this will change later in the year as spending on infrastructure returns. In addition, the Company is pursuing leasing, service and International contracts to subsidize the reduction in Chinese projects.