agreed on qtrly results. I just have limited insight of fundamentals here. I started posting on this board a few years ago when I thought this narrative was not supported by anything in the chart and that remains the case. On technicals, I offer that no matter how good the news gets, this could back and fill for quarters to come - that is generally how stocks trade, but there are exceptions-
cos that learn how to survive by constant struggle are sometimes not so far away from success. Look at PCLN long term chart, year after year in the wilderness. My caution has been thinking anyone can call the quarter or year it will happen. I see WYY as a bit of a lottery ticket micro - not really that bad, but basically unknowable-
WYY must be working on some mighty big projects with the various partners and IoT related companies.
yes, and its been coming since 2006 when sp was $3.15. I think VP Godot is bringing us details-
$3 has been the line in the sand for last 4 qtrs. Until it can hold above $3 for a sustained period, its running in place, much more than broad market doing-
I'll start 1 Monday and cash it out Tuesday!!!
I did go long too early (or late, or ever) but buying this one down and down looks more like a cry for help to moi! But leave us not despair; all time low is .05 and I predict it holds!
exactly what Ive been saying .50 was an 11 quarter (multi-year) low and this acts like bk is looming- on this chat board, all of the above is defined as "huge buying opportunity"!! Anyone who wants a profit, take the consensus on this board, and short it-
WYY enjoyed a 9 cent rally this week, after touching a multi-year low. We conclude the week entertaining non-existent buyout offers of 3-400% premium. I'll use my secret decoder ring this weekend to determine the exact pps, but I can already promise all us WYY YHOO board members will also receive a pony!
would anyone accept the idea that cos that have lost 3/4 of their market cap in previous 6 months are not high on the list of acquirers? The board is drifting back into the $10 per share net week direction
We'll know at the close, but I think the stock is ready to break out. We hit a 52 week low and now we are heading higher on heavy volume. Classic reversal day in the making - but it would be more definitive if the volume got even higher and we got closer to .65 by the close.
Maybe in normal trading, but the reversal of the reversal on very low volume means you could be correct longer term. 1900 Dow points in less than 12 sessions and where the bottom is, ONLY THE SHADOW KNOWS!!!
jobe,you do not want to keep adding here. There is a right around the corner mentality here that never matches what is actually happening. You have a loss on a micro that has now dropped -78% off a recent high - just 2 quarters ago. I again advance the idea that sellers may know information that we do not.
Went to Henderson ,NC this week for 3 days of fishing....very discouraging as it is desolate
That area has always looked that way. I went there for a job interview in late 70s and it looked then exactly as you described. You were an hour away from the Research Triangle - high tech, 3 top universities, etc. For some reason an hour north of Duke U up I-85 just looks so economically depressed - 1 visit is 1 too many!
good points all, but these are the very biggest fish selling day after day - selling with this conviction reminds of 2008. This kind of selling by the big guys has me wondering what they see coming 2-4 quarters out (Trump? AntiChrist? 1 in same!) serious money being made on short side - I've enjoyed just a taste but Trester's option calls are earning 100+% in 2 or 3 days-
good points Jim, and certainly why the sp has shrunk by over 3/4 in a few months. Seeing that you have upset the moron goon squad on the board, so keep up the good work- next his alter ego silver will be attacking, so be sure to report the abuse - I will too-
However, one could make a strong argument that the market's wobbly legs could lead to a major crash in the next couple of years.
1500 Dow points in 10 sessions is that strong argument! If any on the board use options,please look at Ken Trester's stuff - he is making a killing here, reminding me of Grocho's line: he does better asleep than I do awake!!!
I think your broker did you a favor - this acts like it want to make a 7 year low. I thought I found the bottom at 70, you at 58 and it could easily drop another 30%-
bag-holder is so course, not really PC enough for my taste. Now that I have taken a small long position, may I respectfully offer a good, bible based alternative "Sodomites for Widepoint"!!