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Microcap & Penny Stocks : WINR-Secure Banking to Global Internet Gaming & E-Commerce -- Ignore unavailable to you. Want to Upgrade?


To: Dave Gore who wrote (5619)7/8/1999 10:35:00 AM
From: The Devil Dog  Respond to of 6545
 
Not kissing your butt, but in my mind that is what
makes an investor and that you are, every thing else
after that is speculation, I daytrade also , pure
speculation, but profitable , but I have the means and
the time to baby sit tick by tick, most dont and most
try. When I'm long I am long and I know why I am long.

Best Regards to you all

WB



To: Dave Gore who wrote (5619)7/8/1999 11:53:00 AM
From: Reinhard  Read Replies (2) | Respond to of 6545
 
Dave, what makes you so sure?
Where do your predictions of triple digit growth in revenues Q by Q come from? Mr. Skinner didn't indicate anything like that. He only "expects" that the SecureNet-Plus will add significantly to the profits. That may mean, that the profits from the other activities may stay flat, we all don't know. When will the SecureNet-Plus be set up? No time frame was mentioned. It may take a very long time. Who can be for sure that there is big demand for it? See the debit card problem! The developments of the other activities are all very slow or delayed (new casinos, shoppingdowntown...)To set up a new bank is a much tougher task, why can we be sure that bank will be accepted by the market? Well established banks will probably combat it. We all can only hope, that it will have some success. But your types of predictions are only wishful thinking. I'm long, because I hope WINR will develop steadily, but I doubt there will be any explosion of earnings soon. And don't always blame the MM for a poor performance of a stock. That's what you can read on all the boards, where the stocks are plunging. MM are not investors, the don't load up stocks on a lower level if they can't see any buyers. They don't carry a stock over a weekend, not even over night. They only try to fulfill orders. A stock, decreasing over months, is not the work of MMs.
But you are right in saying....the fall will be hard...Even for WINR, because there are a lot of longs here and on the RB board, who believed in that kind of predictions you made, and they will dump the stock if earnings for the full FY are only 5 cents and not 25 or 30 cents as somebody predicted on the RB board. I would be very, very happy if WINR earns 2 cents in the Q2. Because it would tell me that they can earn money despite their investments they still have to do.
Another big step would be NASDAQ filing as Mr. Swedelo says, because then other people would become aware of this company. My personal goal is, that the stock then will rise solidly over $ 2, and if anything comes true what Mr. Skinner hopes, then we can discuss a new horizon.
Regards, Reinhard
PS: my alias on RB is schrr.