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Author Topic: Solar play: WEMU (very low share count)
osubucks30
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WEMU.ob looks interesting to me. Trading below $8.

Revenue Increased 90% to $10.3 Million for the First Quarter 2009; Net Income Increased 132% to $506,857 for the First Quarter 2009; Earnings per Share Is $0.13 for the First Quarter 2009 Compared to $0.11 for the First Quarter 2008

Only 3.6 million shares outstanding. By my count diluted shares is around 5 million. At $8 the whole company is valued at only $40 million but revenue will be above that. With the low float it would sky rocket with any volume.

THIS STOCK IS THINLY TRADED SO YOU CAN LOSE ALOT VERY QUICKLY! I think volume will come with continued results.

Any opinions?

Posts: 1458 | From: Ohio | Registered: Mar 2004  |  IP: Logged | Report this post to a Moderator
   

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