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

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To: Winter who wrote (310)12/18/1998 9:37:00 PM
From: RockyBalboa  Read Replies (1) of 1305
 
WCAP stake is small so you must deduct the tax bracket of 31%..

Same problem as with ubid/MALL where MALL trades at 29 and ubid at 53+. Mall's intrinsic ubid stake (82%) alone, is worth 38!! MALL remaining business between 8 and 12. And note that MALL could pass uBID shares in a taxfree transaction to MALL owners..

also WCAP has a nice rallye till now. I bought some at $2 1/8 earlier and tossed them for a smallish gain, sigh.

C.
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