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Microcap & Penny Stocks : WCAP - Winfield Capital: Insider buying

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To: brad greene who wrote (1284)11/5/2000 10:14:24 PM
From: rjm2  Read Replies (2) of 1305
 
Sounds like you like to resort to personal attacks & such. Too bad because you seem to have good content if you could leave out the BS.

The market discounts cash & uncertainty. Always has. I was buying this little piece of crap when it was 78 cents. Sold out too soon, even shorted it briefly but only made a few points.

They did quite well before & during the recent tulipmania phase. Its not likely we will see anything like that anytime soon.
So, rationality has returned with a vengence in some stocks.
I can certainly see WCAP increasing a good bit. I can also see a number of its positions losing much more of their value which could bring WCAPs net asset value down.
Big thing is communication. What are their plans ? Conference calls ? I tried to call over there a week or so ago. no answer. In the old days one of the perlins would usually answer.
BTW, the track record before the mania wasnt all that pretty.

Perhaps you confuse me with the morons that post on yahoo. Perhaps you are causing much of the BS. Thats the good thing about SI, less of that.
I would be a buyer on news that they sold more & increased cash and/or with insider buying or a share repurchase.
Has anyone talked to them regarding their plans ? Why NOT buy shares back ? What about a spinoff of shares ?

hOW DO TAXES Affect any of the figures ? Fact is there has long been a lot of idiots in this stock. Thats not usually a good sign.

Perhaps you recall me telling folks the stock was overvalued in the mid 20`s. Was that you attacking me ?
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