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


To: hoyasaxa who wrote (1239)6/14/2000 2:23:00 PM
From: didjuneau  Read Replies (1) | Respond to of 1305
 
As evidenced by a lack of other posters on this board for the last three months, I'd say lack of interest. The chart and volume numbers show why. This sector will be the last to start recovering. I tried to buy on the dip, but it kept dipping. Is the worst over yet? Is an uptrend forming? I think people are still waiting for confirmation on that for the sector in general, and haven't even been wasting time on research of individual stories like WCAP's.

Meanwhile, I have been adding on both sides of the dips. Haven't been able to peg one right on yet. This stock is well known for moving fast when it does move. My experience was that it doubled on the day I first bought WCAP in March 1999, on no news. There must be a lot of people who have had a similar experience with it in reverse who won't touch it now.

I just look at the numbers, as you must have, and tell myself it's a sector thing. The company is very good at what they do. We'll soon find out more on that with the annual report. Although I'm below water with it now, I look at the assets and see 10 times the value of what I first bought into. And the price is still the same?!!!