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


To: majormember who wrote (2199)11/17/1998 9:26:00 AM
From: MskiHntr  Read Replies (1) | Respond to of 6545
 
Good morning, I'm new to your thread. I got long WINR on 11/12/98 at .80 on the breakout. I would like to hear more of the TA provided by your associate, as I'm looking for higher prices as well, not only on a short term basis but longer term as well. I see &1.08 on a closing basis as the first hurdle after $1.00 and once surpassed, I'm looking for $1.20.

After that we'll take another look. I would appreciate any insight you can provide. I've read the last several hundred posts and all the folks here seem to be a pretty decent group. I'm sorry to see Miller go, as he really put his heart and soul into this thread, and it appears that he is going to miss the party.

Thank you.

Best, Joe



To: majormember who wrote (2199)11/17/1998 9:46:00 AM
From: swedelo  Read Replies (2) | Respond to of 6545
 
Skane,

I am not a TA (although I do play one on T.V.), and I have no problem with your associates analysis on a "purely" technical basis. I am a fundamentalist (and sometimes pedestrian) who believes once the news comes out price and volume will blow away all present technical upside barriers. If WINR can do a couple million shares ( keeping in mind float is pretty well constricted due to amount of large "investors" in the stock) a day for 2 days and close over present all time highs new TA barriers will be created on the low end, but no barriers will exist on the high end. Without news I believe you are correct 1 1/4- 1 3/8 is probably a ceiling.

Best Wishes,
Swedelo



To: majormember who wrote (2199)11/17/1998 9:51:00 AM
From: Tom Frederick  Respond to of 6545
 
Skane, I think this type of stock is way outside any TA projections. The only reason this stock has any price at all is on pure speculation. It has nothing to do with balance sheets or earnings or product on the shelf or any of that. And as a result there is no formula that I can think of that applies to what the market will price what was a 100% speculative buy to a revenue generating company. The anxious anticipation of $1.25 to $1.37 I feel is such a modest goal.

We have run back up to $1.00 with no news at all. Do you feel that this stock will hit a hard ceiling with on a 25% rise in the price if WINR announces X sites up and running and projected revenues? I would venture to say that companies like EarthWorks are a better comparison to WINR. This company was started with 3 guys who decided it would be neat to put up a web site to teach people how to build home pages. With a little cash in their pockets, they put it together and went to the IPO level. The day they opened up, it started at less than $5 a share and closed THAT DAY at over $60 per share. With revenues of $1,000,000 they have a market cap of OVER $100 MILLION!

This is closer to the TYPE of company WINR is. We will go from pure speculation to not only growth projection but also to highly profitable revenue generating. It will be up to the market to put a value on that, but my guess is just a touch over $1.25.

Tom F.