Hang on, this is a value play if there ever was one. WCNX has a great plan and great management.This stock will be at 18-20 by june. Remember that. You can flame me now or flame me later, but WCNX is just too solid.
Can you still be reached at (570) 937-3580? If so I will call you later and we will plan our next attack on the trash stocks. We will win the war brother, we will force all trash companies to their knees and take over.
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1) correct. Virtually all Tolkien based names are taken ( and many derivatives as well).
2)I look at WCNX as a value play based on P/E vs. future profitability + market rotation. The recent earnings announcement indicates the successful transition of a substantial number of acquisitions into the WCNX fold. This alone should project a P/E of 50 considering they are growing at close to 100% rate and the stock is at book value. Furthermore, this stock is being dogged by the industry, which is in deep doodoo solely because the big players are dipshits. WCNX is not and will not be in any kind of accounting trouble. It is guilt by association. Finally, there is still alot of money on the sidelines waiting to jump in and WCNX has bottomed out. The frothy Tech and Bio stocks will shake out and value will be the byword.
Please excuse the somewhat chaotic flow of this post as I have a real job to do and I'm late and I can't take the time to proof it thoroughly. Therefore,