The charts clearly indicate this stock is oversold. There will be a short squeeze very soon.. Radar this people...
Just my $0.02. Do your DD always
Posted by MasterQuinn on :
That is one ugly (frightening) chart. LOL.. But you never know.
Posted by hotpicks1 on :
hahah just watch it go up
Posted by hotpicks1 on :
Look at her go
Moving on up!!!!
Posted by one2watchny on :
I want at least 10 cents Posted by hotpicks1 on :
10 will not be a prob.
this thing is crazy shorted
Posted by one2watchny on :
spread has to close
Posted by hotpicks1 on :
trust me its going to 10
.015 .016
Posted by hotpicks1 on :
New HOD .019 72% in da green.
This is a 1 month holder, target of .13.
MM's are super short, watch em try to cover.
Ta's are starting to turn up and look sweet!
Posted by azhreal on :
Get in now before it hits scanners, this is going back to its deserved pps very soon.
Posted by Mako11 on :
This thing is movin...short mm's are covering their butts. This traded at .06-.07 just two weeks ago and is headed back to that level. Extremely oversold and undervalued IMO.
Posted by everydayaverageinvestor on :
here comes the run ...... its long overdue.
this should be trading at about .20
Posted by hotpicks1 on :
WSBL micro cap about to shine in my opinion, here is some dd. My target is .10+ Management is suppose to be rolling out many products during this quarter. They stated that in the last few PR's I believe.
WSBL in a 20 billion dollar industry and after being in a downtrend looks like reversal is coming.. There was a doji 2 days then a confirming candle for overall trend.
I expect to see shorts aquuezed as buying comes in. With only 18 mil in float and 9 of that locked up for 9 mos, i expect one hell of a short squeeze here. The stock traded at .065 2 weeks ago and i think this represents a great entry for a 1-6 week swing or longer depending on your inverstment objectives.
1-6 week target is .06-.13 longer target 1-3 months .20-.45+ Their last report showed decreasing debt and increasing revenues. An entry at .015-.03 is a gift.
See chart, unlike most pennies this is a company with a real product, revenues and more then a po box. hypo top on chart is .45 Revenues are projected to increase significantly quarter to quarter. With in roads into a 20 billion industry not limited to medical industry but also governmental entities the potential is endless.
Some bullets from shareholders letter
4. The company applied for and was successful in the receipt of a Commercial And Government Entity (C.A.G.E.) identification number, and will be actively seeking contracts with the federal government for transcription and document production.
3. As part of the company's expansion efforts, the WordMates brand of typing and document production outlets is expected to open its first location to the business community and general public in fall 2005.
2. The company has an exclusive agreement with JBD Consulting to institute national and global sales and marketing strategies of the WaveScribe products and services through JBD. JBD corporate executives have a resourceful and capable past that includes major corporations in the transcription and mass document production industries.
Posted by everydayaverageinvestor on :
charts are screaming breakout ... its hit bottom and will only climb from here
WaveScribe International Corp. (Pink Sheets: WSBL) is poised to revolutionize the medical transcription industry. WaveScribe offers the first web-based transcription software that was designed, developed, and deployed by transcriptionists. The WaveScribe software advances the industry to the next level of efficiency and productivity. MT's love using WaveScribe because they can easily access voice files thereby increasing their productivity and income. Transcription companies and end-user clients love WaveScribe because it gives them unprecedented control and accountability of their transcription process. Documents created through WaveScribe have a 128-bit security encryption, HIPPA and Privacy Law compliance.
Letter to Shareholders (August 24, 2005) The board of directors is pleased to announce that the company has taken a positive direction this year. The company is on course to do $1.4M in revenue, a 6% increase over 2004, with a minimum gross profit of 38%. This year is a landmark time for the company because of tremendous internal efforts and positive outcomes currently taking shape as a direct result of those efforts. The company, moving forward with the development, deployment, sales and marketing of the flagship product WaveScribe out of cash flow, faced an uncertain future just one year ago. At that time, our energized and diligent management team rolled up their sleeves and put forth uncommon effort to move the company on to a new, more level path for 2005. Prior to this, the company had been dormant for a little over a year due to the fact that the previous management team failed to secure the necessary funding for the company. In addition, so far this year alone, the company has successfully reduced its debt burden by approximately 15%.
Since the beginning of the year, management has taken several steps to continue this positive track that should ultimately help transform the company into a profitable enterprise:
1. The structure of the shares of the company was vulnerable to attack by unscrupulous entities. Therefore management executed a reverse split of 1 for 200 and changed the ticker symbol.
2. The company has an exclusive agreement with JBD Consulting to institute national and global sales and marketing strategies of the WaveScribe products and services through JBD. JBD corporate executives have a resourceful and capable past that includes major corporations in the transcription and mass document production industries.
3. As part of the company's expansion efforts, the WordMates brand of typing and document production outlets is expected to open its first location to the business community and general public in fall 2005.
4. The company applied for and was successful in the receipt of a Commercial And Government Entity (C.A.G.E.) identification number, and will be actively seeking contracts with the federal government for transcription and document production.
5. A team of software engineers and specialists has been assembled for the enhancement of the WaveScribe product, and to make significant and useful upgrades to the WaveScribe platform. This will allow the platform to service and encompass an even wider range of industries.
6. Unforeseen circumstances notwithstanding, management has set a goal to roll out the company's latest products in the third quarter.
In summary, it is the intention of management to develop the best possible product and service line that will allow WaveScribe to become a strong dominant competitor in the transcription and document production markets. Should the company be successful in acquiring just 1% of this $20B industry, the success of the products as well as increased shareholder value will be a positive reflection on the hard work of the last two years. Thank you for continuing to believe in the company during some of its most challenging valleys and peaks. The company has made a number of changes. There have been some difficult choices, but we will continue to put the company -- and our shareholders' interests -- first. Currently, we are well positioned to develop and market our leading-edge products and this will create significant shareholder value in the future.
WAVESCRIBE INTERNATIONAL CORP. 4311 Wilshire Blvd., Suite 204 Los Angeles, CA 90010 Telephone: (866) 669-WAVE (9283) Fax: (866) 702-WAVE (9283) E-mail: info@wavescribe.com http://www.wavescribe.com Posted by hotpicks1 on :
Yep downtrend reversal short squeeze coming up.
MM's trying to keep bid x ask wide. LOL
Mirror trade, Mirror trade
Cover shorts , Cover shorts
What a joke.
Boooooom Sooooooooon
Posted by pirateofwallst on :
Good find indicators all point to bottom reversal rsi will start to move up from its oversold condition.
Did some research on products looks good to go. 20 bil dollar industry healthcare and governmental entities, lots of up on chart.
Posted by breadwinner on :
This is going to close strong....for the month!! (And for the day of course).
Shorts will start covering soon, and wsbl will take off. Don't believe me?...just watch the chart as the drawing changes here in a few weeks. : )
-breadwinner
Posted by everydayaverageinvestor on :
Man I hope so breadwinner. Its been sad watching this thing slump down below .01 (briefly yesterday). It should be trading at .20, but the MMs drove WSBL way down.
I doubled my shares today. It has no where to go but up from here.
Posted by hotpicks1 on :
Looks like trouble for MM's LOL
TA is turning up .20 break and off to .13 we gooooo!
Patience is virtue people. Shorts are gonna run like chickens with theyre heads cut off this fall. Good contracts in the making. This is way undervalued. Look for volume to start picking up as we approach October.
-breadwinner
Posted by one2watchny on :
going to pick up another 100k tomorrow,probably afternoon pullback....if she does p/b
Posted by hotpicks1 on :
WSBL short squeeze is in full effect and just getting started. All Ta is points to buy.
People are starting to realize this is a REAL company with a real product and this is just the begining.
.032 x .034
Posted by Mako11 on :
Crazy action today. Chart said it all yesterday...mm's are running to cover. The swing has started and .10+ is my target. Good call guys.
Posted by azhreal on :
MACD crossover today, holding strong for 2 weeks and looking for a dime as well.
Posted by hotpicks1 on :
Small dip over getting ready to move back up and set up for next week.
Posted by Mako11 on :
Good bounce of 2:30 sell off...moving into eod. Looking forward to a great week next week.
Posted by StockHunter on :
quote:Originally posted by hotpicks1: With only 18 mil in float and 9 of that locked up for 9 mos, i expect one hell of a short squeeze here.
Do you know the authorized and issued shares [including those held by insiders]? What's your source for the 18 million float?
The company website Investor Relations FAQ has the following old useless info:
"How many shares of WaveScribe are outstanding? As of January 1, 2005 there were approximately 275,000 shares outstanding." [why do these pinks make it so difficult to get this basic info?]
A link to an SEC paper filing from may 2005 references registration for issuing securities, but it does not give details. That's the first time I've found an SEC filing without an electronic version available.
I took a small position on a flyer, but will await a response from the company on capitalization before making a significant purchase. Phoned and got answering maching, sent an email this afternoon.
Posted by StockHunter on :
Wavescribe returned my email re capitalization the same afternoon. They will be updating their website soon regarding capitalization.
The current numbers are:
"Authorized: 200M O/S: 83M Float: Approximately 10% of Authorized."
Its refreshing to find a pink that cares enough to respond with complete information in such a timely manner.
Posted by hotpicks1 on :
Great info. Stockhunter this is getting better everyday.
Posted by carlos6466 on :
everyone... get on this!
Posted by breadwinner on :
This is in bunce mode It's starting to pop up on people’s filters and strong hands are holding...
MACD is turning upward, getting ready to cross, and RSI still has much upswing left in it. Shorts are still trying to get out, and like I said in previous posts, we will see .04+ by end of week. If not in yet, don’t hesitate to get involved, as it’s destined to climb over a dime in due time. (2-4 weeks)
Posted by pirateofwallst on :
Company had first in many contracts today, you have to look at bigger picture here, Getting noticed by global Players huge industry. Capitol structure improving through revenue increases. Stock was shorted in a downtrend now nitre running for cover. The chart is very bullish with rsi adx macd crosses.. It took 3 months to downt trend, upotrends alwasy happen quicker with simply put more rewars then risks.
Do your own dont let anyone shake or manipulate what youare doing, like the guy who started the thread wsbl everyone out.. I wonder why he wanted everyone to sell, probably so he could buy.. Think people you have a good company here in a uptrend, if u bought this on dumb luck consider the gods smiling down on u.
Now pay attention>>> to Ssft...hints to future partnerships deals, potential. You can bet people will be buying this as Nite is goona get spanked on news ah, .04 ma break coming. SFST 12 mil, wsbl is a buy out or merger candidate if the price is right, so be happy with what you are holding i am.
WSBL), providers of on-demand Internet word processor WaveScribe, continues to emphasize the importance and size of the medical transcription market. Recently, speech recognition solution provider ScanSoft (NNMS: SSFT) acquired the transcription platform provider MedRemote in a deal valued at more than $12 million in stock and cash.
aimho
Posted by StockHunter on :
NEWS!
WaveScribe Continues to Bolster Bottom Line Revenue; New Contract Should Increase Revenue by 12%
looks like this is gonna be a winner! do you really think we are going to have to wait a week or longer to break $0.10 ?
Posted by Doctoall on :
We only need one thread Posted by hotpicks1 on :
WSBL, providers of on-demand Internet word processor WaveScribe, continues to emphasize the importance and size of the medical transcription market. Recently, speech recognition solution provider ScanSoft (NNMS: SSFT) acquired the transcription platform provider MedRemote in a deal valued at more than $12 million in stock and cash. **AH NEWS** http://tinyurl.com/aurzy
Technicals:RSI cross 50 bullish, ADX at 20 about to cross would indicate trend just starting, OBV going up and about to break upper BB at .04 along with 50SMA. **CHART** http://tinyurl.com/akjy4
Technical indicators show a big break out. Once .04 wall is fallen, it goes easily to .06 and continues to previous high of .13.
Huge after hours News which is just the beginning. More contracts are coming.
1-2 uptrend just started. RSI cross 50.
Latest News:
WSBL.......WaveScribe Continues to Bolster Bottom Line Revenue; New Contract Should Increase Revenue by 12% Business Wire - September 19, 2005 16:01
LAS VEGAS, Sep 19, 2005 (BUSINESS WIRE) -- WaveScribe International Corp. (Pink Sheets: WSBL) continues its expansion of service and software offerings to one of California's top 10 HMO/industrial medicine providers. In addition to the three clinics in Los Angeles, Inglewood and Culver City, WaveScribe is completing the addition of a sister facility in Riverside, Calif. Upon executing the final details, this facility can begin utilizing the WaveScribe Web-based transcription platform by the third week of September. With WaveScribe, the Riverside facility will now have the ability to share work easily and effectively with their internal staff, as well as outsourced transcription provider. "We continue to be committed to a continuous growth pattern with this client. There are many areas where our product can make a tremendous difference regarding client workflow, distribution and report production. WaveScribe offers a unique opportunity for them to easily take advantage of," said Cris Bahar, president of WaveScribe International Corp. The Industrial Medicine Division anticipates increased revenues of approximately 12% this year. Due to a strict privacy policy for this HMO client, we are unable to provide their name at this time.
Safe Harbor Statement Under the Private Securities Litigation Reform Act of 1995: The statements, other than the statements of historical facts, contained in this release which are not historical facts may be deemed to contain forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and Section 27A of the Securities Act of 1933, as amended, with respect to events, the occurrence of which involves risk and uncertainties, including, without limitation, demand and competition for the company's products and services, the availability to the company of adequate financing to support its anticipated activities, the ability of the company to generate cash flow from operations and the ability of the company to manage its operations.
SOURCE: WaveScribe International Corp.
WaveScribe International Corp., Las Vegas Carolyn Banks, 702-435-9283 or 866-669-9283 www.wavescribe.com
Copyright Business Wire 2005
Posted by AnneBonny on :
Another higher close today. Be an interesting week
Posted by carlos6466 on :
really exciting to watch it all unfold! how high do you think it can go?
Posted by carlos6466 on :
nice open, good volume! added another 25,000 shares
Posted by leemalone2k3 on :
If squeezed properly we should see .08-.10. Nite is super short. The only thing that will stop the squeeze will be small sells by profit takers. If we all hold thru next week we should be looking nice.
Posted by carlos6466 on :
i picked up another 35,000 shares, so far... we're getting a little pull back, so am going to keep buying; this looks great!
Posted by carlos6466 on :
broke one million volume... price still holding strong, bought another 10,000 averaging 0.03694 for 90,000 shares...
Posted by carlos6466 on :
not to big of news The company expects that income from this new client could add as much as 5% to quarterly software-only revenues.
Posted by breadwinner on :
Smart money buying on dips. This is all part of play by MM's. WSBL has enormous potential. News has not even been released regarding contracts. Watch closely...
Posted by one2watchny on :
quote:Originally posted by breadwinner: Smart money buying on dips. This is all part of play by MM's. WSBL has enormous potential. News has not even been released regarding contracts. Watch closely...
I agree but you have to play the MM game......I got out other day at .033......definately going back in but when....not sure could be tom. or next week.
Posted by carlos6466 on :
more news... four pr's in the last four days... this should be at $1
We will see goverment contracts soon then we will get the share price WSBL deserves.
Posted by carlos6466 on :
with all the current pr... we should already be seeing it... its the MM's.... hold on to your shares! don't sell!
Posted by hotpicks1 on :
MM's are droping this with 1k 5k blocks all the time.
Your right MM's are the only thing holding this back.
With any type of decent buying this will go through the roof.
Posted by carlos6466 on :
was able to buy more today and averaged down! as the pr comes out, i think we'll see our price goal of $0.10 +
Posted by breadwinner on :
Patience is virtue. This stock is undervalued and that's the bottom line. For all that didnt get in yet. This could be golden opportunity to buy and hold. Shares are extremely cheap @ .018
GLTA and don't get impatient
Posted by Doctoall on :
Hotpicks here is the current thread
Posted by ShowMeTheMoney on :
Down to .015, rebound and when?
Posted by everydayaverageinvestor on :
Get in now! MMs shorting this one will cause a rapid increase in price (maybe .20??) once buying volume picks up.
Posted by pops on :
The question is when this hits one cent again, Wednesday or Thursday, will it bounce again?
Posted by pops on :
It's pretty depressing when you're all in on a stock noone even wants to talk about any more.
Well anyway I want to say one more thing and if noone else does that'll be it from pops. Today this closed up from yesterday's close. I'm not saying it's starting a second run as of now but I definitely don't think this is a lost cause and I think it's gonna rise again sooner or later. Maybe not even next week...but if the company can produce some more good contracts it's gonna come back into the .05-.10 range sometime this fall.
Posted by carlos6466 on :
stick with it my friend! MM's just shorting... we'll be back up, soon!
--carlos
Posted by pops on :
Looks like we got some strong hands holding now. So far noone willing to sell for less than 15% above yesterdays close. Noone willing to buy either but I guess everyone's in limbo waiting for more contracts.
Posted by BULListic on :
I'm in at .024 so I'm not going anywhere.....just trying to figure out if I'm gonna double down
Posted by pops on :
Some buyers at .015 after all. In the green two days running now. WSBL's definitely not a lost cause.
Posted by carlos6466 on :
this is very inexpensive right now! they should be valued in the $.10 + range... so it's like free money! go long!
Posted by ShowMeTheMoney on :
Been around .015 all day, looking for next week to be a good one.
Posted by pops on :
Today it went down to .011
Posted by everydayaverageinvestor on :
Its hard to watch this one continue to slide, especially since it should be trading at a much higher price. Anyone think we'll see .05 before year's end?
Posted by carlos6466 on :
i think so... the mm's got a hold of this one before, so it's been dragged down... everyone, just don't sell... we can hold out longer than they can, and eventually, their margins will be called! it's a real company with real profit and real pr! all other stupid factors aside, pump and dump, etc... we bought this company on fundamentals, not technicals... i'm still in! good luck, hang in there!
--c
Posted by ShowMeTheMoney on :
I'm in for the long haul. With all the info I see, just don't see this one staying down for long.
Posted by carlos6466 on :
i agree! i know so many people that are dumping it... is it realistic to think that a company that is making money is going to continue to see their stock price continue to go down forever? not in a long shot! good luck!
--c
Posted by ShowMeTheMoney on :
I guess the question is now how much more am I going to put into this one?
Posted by carlos6466 on :
don't buy anymore now, unless you feel like you need a larger position... let the floor settle, and it will start to move up... then get back in! but you've got to hold... if it goes down, and you sell, the MM's win! they scare you out of your positions, you sell at bid, the price goes down, they make money on a short! good luck, partner!
--c
Posted by ShowMeTheMoney on :
I'm not selling anytime soon. I think this one has a lot of growth potential and I don't want to get caught watching from the sidelines.
Posted by downdraft on :
I'm going to hang on for the long haul here..
Posted by ShowMeTheMoney on :
Well, at least it looks like it has bottomed out. No place to go now but up.
Posted by Ross on :
wait for the cup formation .... and then see it rise!!!!!!!! JMHO
Posted by StockHunter on :
Stock is at support and may have another run, but upside may be limited by company and insider sales. I got into this at beginning of last run and didn't like the massive volume relative to stock movement. [currently no position] They updated the capitalization on the website to sept. 15 [pre-run] levels after I sent them an email. To their credit, they acted on it quickly. Authorized 200M, O/S 83 million.
I'd suggest anyone thinking of adding here should email the company and ask for an update on capitalization to see if any of the 25 million shares that traded on the last run added to the O/S. No matter how good the fundamentals look, if the company is using PRs to distribute shares and raise cash it won't run very far.
Not trying to bash here, just sharing my thoughts. I'm in another one, PLNI, with a great story and many positive PRs and retail buying, but similar action to WSBL. Every positive PR is being met by one massive seller - probably from shares issued by the company.
One problem I have with WSBL is there are no L2s to see who's buying and selling. When I emailed the company to suggest paying the miniscule fee to get a realtime quote on their website [and on pinksheets], they said it was a great idea. That was a month ago and they still haven't acted on it.
On the next PR driven run, I'd suggest watching the volume to determine exit strategy. If it grinds higher on massive volume, be quick to take profits. If it runs on modest volume then maybe they're done distributing shares and it can make a significant move. Best scenerio is a run on modest volume without news.
GLTA
Posted by everydayaverageinvestor on :
signs of life today so far ... have we seen the bottom?
Posted by breadwinner on :
Here we go again people. Another run for wsbl should be coming. A very nice "W" formation in the making...
The company is getting their act together, and we should see positive earnings coming out this qtr. Another run up to .04-.06 is very likely.
Entry looks good this week. Next week will be fun.
Posted by ShowMeTheMoney on :
Going anywhere today?
Posted by ShowMeTheMoney on :
Can anyone tell me what is going on with WSBL?
Posted by carlos6466 on :
looks like the mm's are just stirring the pot and looking for people to sell... we'll get moving with pr and q3 results... i'm holding!
Posted by ShowMeTheMoney on :
Looks like a good week in the making. All signs point up.
Posted by ShowMeTheMoney on :
Up 45% today.
Posted by pops on :
Up 66% now. Someone knows something?
Posted by leemalone2k3 on :
Looks like it may move if buyers line up. So far, only a few are buying today.
Posted by carlos6466 on :
buying to come!
Posted by everydayaverageinvestor on :
Solid week last week. Trend line moving upwards with good volume. Have we seen the bottom with WSBL?
Posted by ShowMeTheMoney on :
OK, just don't understand that. Down 20% in the last hour or so. Didn't see that one coming. Thoughts from anyone?
Posted by pops on :
I think it's cause the company owes four times the company's net value and they have failed to produce any more contracts for almost four weeks.
Posted by everydayaverageinvestor on :
Is there any hope left in this one, or should I look to cut my losses and move on?
Posted by pops on :
There never was much hope, only a fools hope.
Posted by everydayaverageinvestor on :
Silver lining .... at least I can write off a portion of it on next year's taxes! What a piece of c***!!!!!
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