To: C.J. Allbaugh who wrote (1999 ) 1/3/1999 11:54:00 AM From: Taki Read Replies (1) | Respond to of 15987
The Santa Claus decided to bring the gifts late for WGHI.READ PLEASE. <<.It troubles me when I read about a stock (WHGI) and go to its website and see that it has not been updated since November 19, 1997. What does that tell you about the company? I'm not bashing, just inquiring.>>. Well Sir think for a moment and say to yourself. This Company has not been updated their Web site. Second why they don't hire a IR person to promote the stock, if everything is so wonderful. Now TAKI'S answer to these questions is: I think the company does not want to expose it's self to the street yet. The reason to that, I think it is because the Insiders want to accumulate shares of the company as cheap as they can, and probably buy up the whole float, before they hire IR firm, and have Analyst coverage, and then the stock goes bananas up to $20.00 per share. I guess these Insiders want to retire, and make huge money on this yet unknown to the Wall Street Jewel. The Insiders own 42% , and they keep buying stock. These guys deserve to get paid well, because of the big turn around of this company. I know this company for four years, and I know investors, that have bought, and keep buying stock for the entire family. They buy stock for IRA accounts, just name it. Go all the way back, and start doing DD on this WGHI. Try to dig as far as two years back on this company. Now the company has already done .52 per share for the nine months, and I wait for this 4th quarter that just ended Dec. 31st to come out. The company predicts $1.00 per share earnings for 1999, and this might be conservetive.The stock now is at $2.00 , with $1.00 per share earnings,and this is two times earnings. Look at the multiple that other companies on the same field. The stock has only 1,500,000 shares in the float. If people buy 200,000 shares, on this $2.00 stock, then it will double in one day. Now the best to come: Read the background of this Guy: Louis J. Resweber now the Chairman of the board of Directors of WGHI. Now read this: Louis J. Resweber is the former Senior Vice President, Equity Markets for United Companies Financial Corp. ( NYSE: UC ) one of the nation's largest non-conforming mortgage, lenders. From 1992 to 1995, United increased production of "B/C" loans from $300 million to over $1 billion per year, boosted earnings from $10 million to $50 million, and saw its stock price soar from $16 to $132 per share, a 725% rise in two years. Now think why a big guy like this is at WGHI. My answer is:Because he wants to do the same thing with WGHI, like he did with UC . The stock is at $2.00 per share, way undervalue. Do you smell a buy out my friends? I know I do. Think why there is a so small volume in the stock. My answer is: Because the company wants to keep this Jewel Quiet, and that is, because they want all the Money for themselves. Take a Minute and say to yourself: This little Guy is growing Fast, is dirt cheap at two times earnings, a great Management, and a very small Float.How wrong can I be if I invest in this Jewel at these prices? Almost None. If you buy 1,000 of IBM stock, will cost $185,000, and lets say you get to make 50% or lose 50% in six months. Now if you buy WGHI $185,000 worth of stock, you might make 50% in one day. Look for value Fellows, with minimum risk, and a very fast money make. TAKI.