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Microcap & Penny Stocks : WCAP - Winfield Capital: Insider buying -- Ignore unavailable to you. Want to Upgrade?


To: Top Jim who wrote (1207)1/9/2000 6:16:00 PM
From: didjuneau  Respond to of 1305
 
Thanks for the reminder TJ. This mutual fund type valuation is really getting ridiculous. The "NAV" everyone calculates is just on public holdings. Obviously, our "fund managers" know how to pick solid companies, and the private holdings are bound to have a few racehorses too.

This is a NASDAQ stock. Not a "closed end" mutual fund, as some monotonous ranters would have us believe. The valuation is the price set by the market. The market, in my opinion, will soon send this price up in a straight line. I am assuming that this time around our "fund managers" will realize that a subsequent drop is not going to be such a good thing. They will have a plan to prevent this.

These guys are very, very smart. I only wish I could get a ROI one quarter as high as them. 1125% is astounding! If I could afford to lock everything up in WCAP, I could exceed that goal. Last year's ROI would be 400%. Unfortunately, the liquidity is not where it should be yet to do that.

Become an investor, TJ. This one is a keeper. The more people that hold, the less scars the chart will have. We'll reach our price/assets goals much sooner, as cheap shares become harder and harder to find. Keeping WCAP in a cash account rather than a margin account will prevent margin calls if the price does turn quickly.

Sure would be nice to have an options market on this one. Maybe someday. Meanwhile, diversify - don't "diworsify".



To: Top Jim who wrote (1207)1/10/2000 1:59:00 PM
From: KLAW97  Read Replies (1) | Respond to of 1305
 
Jim, look at the spread on us again today. Not alot of shares floating. Remember 2 - 3 weeks ago when we popped to the 50's. the float was low and the spread was big. It's happening all over again. WCAP should pop again soon, imo next week. I know we all want the stock to explode but again with the small o.s and flt., we can own a big % os the o.s. We have been buying on all dips and not on upticks. We're not chasing WCAP but accumulating for investment. The company has a great basket os stocks and adding more. Us longs are going to do great.