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Microcap & Penny Stocks : Rat dog micro-cap picks... -- Ignore unavailable to you. Want to Upgrade?

To: Fudd who wrote (14900)	10/26/2003 10:24:50 AM
From: tsigprofit	Read Replies (1) \| Respond to of 48461

WGAT - sure Fudd. On a really long-term chart, it doesn't look that bad as far as OBV, etc. Has a book value of 10 cents - and is at 64 cents now. Looks like it's not earning money now from what I can see quickly. There seems to be some interest since July or so in it technically. I haven't had much luck with these kind of "fade away" stocks - stocks that have lost 90-95% of their value in the last few years - but then sometimes they work out. To me, I would not buy it right now, but that's because I'm concerned about the overall market condition, VIX lows , etc. I wish I could give a better opinion here - maybe William can take a look also? I guess as a risk/reward play, I might buy a 1/3 or 1/2 position, if I were pretty positive on the market. Hope this helps, Matt