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


To: Mark McNew who wrote (5903)8/17/1999 2:59:00 AM
From: Dave Gore  Read Replies (2) | Respond to of 6545
 
Yes, although WINR seems to me to be very undervalued, too, it could actually go a little lower if we don't get some significant BUY volume.

Many have commented that they have never seen a more undervalued stock. But it appears that many are waiting for that great price to jump in and buy more.

Positive earnings, extremely high profit margins and exciting potential all warrant much higher prices, imo, yet we go lower. It is not the delay in the financials or anything having to do with the company, imo, that is the biggest culprit. It is the MM's like NITE playing a bit with the lack of volume during these summer doldrums.

WINR was $3.00 before they even had profits or even revenues coming in, and the vast majority of stocks prices OVER $1.00 on the BB are neither reporting or profitable.

WINR is among the top 4% or so of BB companies that are profitable and vastly undervalued compared to stocks like SNMM (priced at $13+ per share with roughly the same earnings and in the same sector)

It just doesn't make sense, does it, so it will be interesting to see at what level people can't resist buying WINR. All must make that decision for themselves.

All the best to WINR "longs"