SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : WCAP - Winfield Capital: Insider buying

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Ferrell Wheeler who wrote (1)7/2/1997 6:35:00 PM
From: Ferrell Wheeler   of 1305
 
This stock is remarkably undervalued. Price/Book Value = .55 The fiscal 1997 results were just released. You can read the full 10-K at Edgar Online. They made .07/share for the year compared to a .13/share loss last year. In the last two quarters they have made .02 and .07 respectively and they are no where near being fully invested. The next quarterly (June quarter) report should be out around August 15. It has been mentioned to me by others reading this thread that the stock is so low because the stock price of Independence Brewing Company has fallen from 5 to 1 1/4. This does not hurt WCAP's earnings. WCAP's book value is 2.11 and growing.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext