To: Stock Watcher who wrote (13508 ) 8/16/1999 10:47:00 PM From: Dave Gore Read Replies (1) | Respond to of 52051
Will **WINR** join your list of gainers soon? What an unusual story. I think it could drop a little more then should be a very nice gainer. If there are any people who like long term holds and real potential I hope they will do some DD. Anyway, thought some might enjoy this input. ** WINR: ONE OF 5 MOST UNDERVALUED BB STOCKS? TIME TO USE SOME COMMON SENSE RE: WINR First, let's get one thing straight....WINR is not trading this cheap through any real fault of the company. If that were the case, 96% of all the BB stocks would be trading less than WINR's price (ignoring Market cap for the moment) because WINR is more profitable than 96-98% of all stocks on the BB. SNMM would be trading at about the same level as WINR since the earnings are about the same. Instead SNMM is trading over $13. Odd isn't it? Since WINR boasts earnings higher than 98% of all companies on the BB, so why do so many trade higher? IT's ALL A GAME: All the talk from the bashers is just noise. It doesn't matter. The whole BB market is just a game.....just a silly, sometimes expensive game that we all need to understand to be successful. People who are too emotional usually lose at this game. SO WHY IS WINR TRADING WHERE IT IS? WINR is trading where it is because they need better exposure and a wider audience. That's definitely part of it. But also, the MM's (specifically NITE) and/or some group appears to want to keep WINR down for now and pick up cheap stock. This happens all the time. The fundamentals seem to support a much higher stock price and if somebody powerful wanted this stock up much higher, they could probably do so very easily. "Panic BUYING" or "Walking the bid UP" would bring tons of volume, as many have WINR on their radar screens. Sooner or later this very well could happen. This is the other extreme of what we are seeing now. In fact, I firmly believe that there are huge amounts of people who have WINR on their radar screens and are ready to invest heavily should it start to move. Whether they know NITE is short or not, they know WINR is undervalued. The MM's know this too and may be ready to become much more "friendly" when they have enough cheap stock. Is a momentum play a certainty? Of course not, but regardless all stocks eventually reach a proper valuation. Many WINR shareholders are long term and patiently waiting for this. Logic is clear: either WINR has to go up substantially or 98% of all other stocks need to drop, some dramatically. Many play the odds and think the former will come true, as long as WINR continues to execute. Regarding bashers, which are sometimes blatant and sometimes subtle and clever, we all know they dramatically overemphasize relatively minor things and even the lack of financial reporting is not the reason for WINR's stock price. Remember... WINR was $3.00 last December before it was even profitable or generating revenue. AND... you will find that the majority of the stocks priced higher that WINR are not reporting OR profitable! I repeat: the majority of the stocks priced higher than WINR are not reporting OR profitable! No folks, it's much more complicated than financials or anything like that. Better marketing and the end of summer should cure most everything, I suspect. We have all seen stocks with much poorer fundamentals than WINR turn around dramatically many times before. Use some logic and ask yourself why you bought WINR in the first place and compare WINR to other stocks in its sector. Ask yourself....is there really any question it is undervalued? That will tell you whether to buy or sell. ...and forget the bashers, use your own brain and do your own Due Diligence.