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Strategies & Market Trends : YEEHAW CANDIDATES

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To: Galirayo who wrote (6230)12/28/2004 12:18:33 PM
From: Ken W  Read Replies (2) of 23958
 
Ray

WBR has been a favorite little trader of mine and I do follow it fairly closely. The buy range has been at .90 and the sell range anywhere under 1.10...this has gone on for months.

On the FA side of the stock. They have been divesting properties for some time now and reducing debt...they had a TON of debt to get rid of!!! Roughly 75% of that debt has been taken out, and they are now holding some considerable cash. Frankly, I do think someone will come along and buy what is left strictly to get the cash, thus reducing the actual cost of the assets less the cash on hand. One of those deals where the parts are worth more than the whole.

Candles etc. (stoch's, macd, RSI and volume) says back to .90 again!!! Yeeehaaaa. LOL

Tell Sophia that I won't get started on her pics until after the new year. I know she will squawk a little, but that's okay...it's a good thing for a gal to make noise...keeps the males paying attention. LOL

Ken
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