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» Allstocks.com's Bulletin Board » Micro Penny Stocks, Penny Stocks $0.10 & Under » Whats wrong with WNMI?

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Author Topic: Whats wrong with WNMI?
stocksrgoingup
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Whats wrong with it, it has been staying at a penny almost these whole two weeks. Is something up with it? Thanks

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alex


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makemoney3
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Everyone is holding tight for the 10Q I guess...

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blue_in_MI
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in a word: dilution.

i still think it will hit .03 again barring any boneheaded management moves, too much potential to stay at .01 forever. however, it may not be until summer or fall, when profits start hitting the Q's.


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stocksrgoingup
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yea i was hoping i could day trade with this one. Not no more at least for now.

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alex


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Bo14172
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blue...

You nailed it.
Dilution and the threat of more of the same isn't good for the near term and why this has retraced 80%.


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