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Microcap & Penny Stocks : WestAmerica Corp. (WACC)
WACC 0.00Nov 13 4:00 PM EST

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To: SnakeCharmer who wrote (101)3/18/1998 11:03:00 AM
From: t-bone  Read Replies (2) of 749
 
Snake. if you look at this deal here, it is quite simple. I think the people who see WACC buying the property and at least getting off the ground own most of the shares now. Its now just a matter of time, and nobody really knows if it will go through. Basically, its pure instinct here. WACC does have a property to buy, it does exist, and they do have a plan. The question is do they have the money to do the project. We really dont know, I have been trying to find out for some time now. If you have a couple thousand bucks, maybe more, maybe less, i would let it ride on WACC. If nothing at all, it is rather sure that they will buy the property...that will lift the stock to at least 25 cents and put WACC back on the BB OTC. At that point it will be bought up and sold down, probably between 25 and 75 cents like all penny stocks that are in play. Then it is a question of whether or not you are in for a quick buck (like most people in this game) or whether you really want to make big big money. Because this is no joke, if WACC does do this, which is entirely possible, we are not just talking about some 5 million dollar deal, we are talking about a 400+ million dollar timeshare resort one exit from Disney World. This would be a bit of a fantasy, but in a couple of years, the stock could go to 5 or 10, thats the kind of upside here. Its a very attractive proposal they have here at WACC, and remember, if you are willing to lose all your money, get in on this company. I have looked at a lot of these, and this is the one that could make it really big. Just my opinion here obviously, best of luck.
t-bone
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