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WISR Ltd V.WZR


Primary Symbol: WSRLF

Financial Services Credit Services
Wisr Limited is an Australia-based neo-lender company. The Company provides a collection of financial products and services. The Company is engaged in writing personal loans and secured vehicle loans for three, five and seven-year maturities to Australian consumers, and funding these loans through the warehouse funding structures. It provides a Financial Wellness Platform underpinned by consumer finance products, the Wisr App. The Wisr App helps Australians pay down debt, multiple credit score comparison services and Australia’s first money-coaching app Wisr Today. Combined with content and other products that use technology to provide better outcomes for borrowers, investors, and everyday Australians. The Company’s products include loans, credit scores and round up. Its credit score is a summary of financial habits, and helps lenders get to know its customers. Its loan products include debt consolidation loans, car loans, medical loans and others.


OTCPK:WSRLF - Post by User

WISR Ltd
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Comment by mikerosoft666on Jan 05, 2009 6:53pm
474 Views
Post# 15683775

RE: Why???

RE: Why???
Yemen


Well it goes something like this.  I had a full position.  Then it went below my Avg Cost.  So I bought a bunch more.  Then that brought down my Avg Cost and so I bought more...  then it went to .53¢ which hit a silly stink bid I had in and got filled for 5000 shares.  So then it went higher and I figured I might be overweight just in case it isn't a $5 stock...

So I decides to sell the baby and keep the bathwater...

Made $1050 - $14 fees on the trade for about 4 days holding the 5000 shares...

If we go to $5 I will kick my butt for sure,  but the remaining shares will help me feel better about it for sure.

Besides,  $5 in this current environment seems overly optimistic to me.  Bears make money,  Bulls make money,  and HOGS get slaughtered.

I like to over-buy when I think I'm in a winner with good odds of upside.  Then I have some traders to play the usual fluctuations ( as seen in WZR also ) while I wait for payday.

BTW - have performed the same trick several times with WZR in the past 6 weeks and am now up about $3960 on this trick...  again,  only with 5000 shares.  Last one was stupid because I sold 10,000 into a .03¢ gain.  But you know... make $$$ and be happy about it and not cry over the money that got away otherwise the game will drive you crazy.

I agree with you that this stock has a lot of short term potential as well as a very good long term outlook.  In 2 years I will look back like I did with TIM and realize I have traded my way through potentially a quarter million dollars for mere peanuts...

GLTA
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