GREY:WSCEE - Post by User
Comment by
stockdomon Jun 12, 2011 11:26am
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Post# 18704195
RE: RE: Dawn
RE: RE: DawnWe get your drift. You have no confidence in mgmt which you have stated and restated and then restated again and again. Certainly mgmt, one in particular, have misstated the facts and they have made mistakes but that is indicative of what happens with most penny stocks. i'm not defending anybody I'm just saying the way it is.
The stock is getting creamed because a water tech unit has not been sold particularly since mgmt said there would be rev first half of this yr. I am also suspicious of the mm. They manipulate all penny stock it's just a matter of degree.
Nite has been the lead mm in this stock often times trading to itself. Not too long ago arca appeared on the bid while nite was ask. I understand that sometimes some of the biggest manipulation occurs when nite uses arca. Note that arca has started to appear on the bid while nite is at ask. A lot of trading went on between the two.
Wescorp will sell a unit just as you have intimated. Of course a sale tomorrow would be great but unlikely. You are upset because you feel it should have happened already. Again this is typical of shareholder sentiment with most penny stocks incl the ones that finally make it.
An objective person has to like the progression of news worthy events over the last few weeks. Eventually a sale will be announced and once revs are logged the stock will not look back.
I have done extensive dd over the last couple weeks. I was a buyer Fri at .0625.