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


To: Tom Hua who wrote (638)4/10/1999 4:51:00 PM
From: David Wang  Read Replies (1) | Respond to of 1305
 
Tom:

I know you are good to calculate the value of a stock. I believe your number is correct when WCAP was $10-$15. The problem is now too many people realize the potential of this company and everyone is thinking to buy some shares and watch it go higher. The momentum is incredible. Just think about if one analyst (I only need one) recommend this stock. With only 2.5 millions shares float. How will this stock to react?? I think you shorted it at $30 was big mistake. We may see some pull back, if it really drop to $30? I will be the one to buy it..



To: Tom Hua who wrote (638)4/10/1999 7:59:00 PM
From: Scott Bergquist  Read Replies (1) | Respond to of 1305
 
Tom, I know all that you said (3 person, etc.)..in fact, I lost money because of A.S. Goldman, who had sold me on buying Innovative Tech etc in the mid-90's. I will tell you, that the mere mention of them connected with this stock just about made me rush for the exits. But I am a trader, not an investor (any more). As long as a trade is SEC-valid, I don't think they are going to reverse all Friday's activity if it turns out the company is ZZZZ carpet cleaning, even. That's why I warn you..
I trade a lot of OEX puts/calls. I guarantee you, those are going to lower value (all prices additive). No venture backing, etc.

Like I said, many many people did valuations of Amazon; even their bond ratings/prices bespeak of the negative value of that company. Many people bet their retirements on the "Street" finally understanding how way way way way way way way I-MEAN-WAY overvalued AMZN is/was, and STILL they finally gave up. Maybe you'll be lucky here, as with BAMM (up to 40+, back to 10) but..I wouldn't take that bet..
cheers...best regards
Scott