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

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To: LAMPLIGHTER who wrote (449)8/5/1998 12:08:00 AM
From: Bob Kulchuk  Read Replies (1) of 749
 
I don't really expect much...I am sitting on 150K shares with an average price of roughly 3.5 cents. I rarely even look at the quotes since it is such a small part of my portfolio. In fact, I use Fidelity, so they don't even price Pink Sheet stocks in my portfolio...so basically, even if I sold for a loss, it would increase the stated value of my portfolio. Seems weird, but it has enabled me to distance myself from the day to day watching. Anyway, I still think the fundamental goals of the company are attainable and I will hold out to see what happens in a few months. Good luck to us all...closing on the land should at least stabilize the price and BB listing would pop us back up to a steady 15-20 cents or more I suspect. We could get a significant run up on the close of the land deal though. Who knows. Ideally I would like to check back in a year or so and see the stock trading for $5...stranger things have happened.
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