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Microcap & Penny Stocks : WINR-Secure Banking to Global Internet Gaming & E-Commerce
WINR 0.00010000.0%Nov 5 1:20 PM EST

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To: Codee who wrote (3668)1/5/1999 10:50:00 AM
From: Tom Frederick  Read Replies (4) of 6545
 
I don't get it. Many here, including myself, have been waiting to see financials to get a good fix on what we own so far. We get them, they are dead on track with what we needed to see...so what does the stock do? Down 11% on the day so far and low volume. It's a head scratcher to say the least.

In comparison, another net stock announces simply that it is going to file for NASDAQ listing and that it is issuing additional warrants for every shareholder (which dilutes value) and the stock runs from $7 to $15 in the first few hours of trading.

Don't get me wrong, that kind of pop is sure to slip back, but now that WINR news is out on projections for 99' I don't understand the slip back down and the low volume. Aren't we on the verge of much more news (More TISS sites, Interbet, status of e-commerce) that can all keep us moving up? So why not some steady accumulation now that the financials are out that would seem to support a price of say $5 to $6 even if nothing else happens at all?

Any thoughts?

Tom F.
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