posted
I would like your opinions on WLSF. I stated doing some DD yesterday. For those who do not know they are trying to develop a cigarette filter that with take out carcinogens. They ran big last month but has pulled back and has been trading sideways around $1.20. The so called down side is no big tobacco contracts yet or FDA approval. There is suppose to be good financial news around the 15th. Any ideas? Greenhorn
Posts: 67 | From: Hamilton, Montana | Registered: Jan 2004
| IP: Logged |
posted
Tomorrow/Monday it will be very interesting to see if WLSF issues a PR. Last week they broke a string of 8 consecutive Mondays with a PR (generally right after the bell), and WLSF's pps gradually eroded all week long as a result. They are sorely in need of a good PR! How far back up they bounce depends upon how good of a PR the next one is. If it's just about another appointment or patent in Bora Bora, that won't help much. If it shows even glimmers of orders or at least more concrete news, I think it'd quickly go back to $2+. Will be interesting, we'll see. A very interesting stock: massive promise, but everyone has reverted to a "show me the money" approach to them after their runup and retrace last month.
Posts: 1698 | Registered: Mar 2004
| IP: Logged |
UBBFriend: Email this page to someone!
Printer-friendly view of this topic
