posted
my etrade account says that my shares are worth 150 grand! woo-hoo to bad they corrected the price but not the amount of shares
-------------------- Choosing individual stocks without any idea of what you're looking for (or without reliable information) is like running through a dynamite factory with a burning match. You may live, but your still an idiot.
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posted
You all got fleeced by the a company the needs the money to make up for all the hockey losses. What better way than to get it from a wide array of stock holders (the little people).
The fleecing of America....and they do it because it's perfectly legal (meaning they can).
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Hmm, I am thinking we may not be as screwed as we are thinking. There are less shares in the market even more so now. Another words, it isn't going to take much to get this stock up to $20 a share especially if they put forth an IPO that is expected to fund the company. Add this with team sign ons and you basically have an instantly profitable company that many will be unable to get their hands on at this price. Just a thought but like I said, there may be more to this then we are currently thinking.
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Think about it, we were the volume to make this stock move. It took very little to make it fly and to also bring it back down. The reverse split only reduced the float even more. This is why the L2s are showing a massive spread on the bid / ask. The float is probably the smallest float I have ever seen. You bet this stock is not liquidable and therefore you would be foolish to unload right now. That is my opinion but once the company iniates a PR, that is only going to alert the market that there is a new company in town and you will find buyers stepping in to buy shares. Super low float is only going to make the stock pop up high. The company is going to need to do an IPO and that means serious money and exposure for the stock. How can you go wrong with a name of World Hockey Association in an open market. Anything was better than Grand Lux lol. I am thinking I have nothing to lose other than to sit on this and watch how it plays out.
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quote:Originally posted by HossTrader: I hope you are right. I consider what money I still have in it as lost at this point. So any recovery would be cool.
I have a feeling that we are going to recovery and then some. If you read the prior PRs then really we are sitting good as we would not be able to buy in to this stock without paying a hefty price now. The PRs make sense and after reading over them again today, I am feeling everything is going to work out after all.
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I think a lot of people are missing the point that: We bought X number of shares and now we have X/1000 but the price wasn't corrolated to that at all! That means that we have to have a huge price increase at the very least in order to see our original investment!
So take my awsome state of affairs right now: 120,000 shares at $0.010 = $1200 120 shares at $2.00 = $240
I need the stock to hit $10 before I can hope of seeing my original return back. Given that the current volume is ZERO this might take quite some time. While they have all these things we can speculate on, the fact remains that this company seems to be run by a bunch of douche///'s. They havent even released a freakin PR, oh right except for the 1 line tag on their website. Now according to alexa.com (http://www.alexa.com/data/details/?url=worldhockeyassociation.net/) their website is ranked #827,304 while Allstocks.com is ranked 35,330. Awsome, we must be getting a TON of exposure now...not.
Don't get me wrong, I wish the stock would hit 100$ because, hey, I'm still in it. But for you guys to say that it's not going to take much for us to be in the green, pass it to the left please because I need a hit.
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quote:Originally posted by futurama08: I think a lot of people are missing the point that: We bought X number of shares and now we have X/1000 but the price wasn't corrolated to that at all! That means that we have to have a huge price increase at the very least in order to see our original investment!
So take my awsome state of affairs right now: 120,000 shares at $0.010 = $1200 120 shares at $2.00 = $240
I need the stock to hit $10 before I can hope of seeing my original return back. Given that the current volume is ZERO this might take quite some time. While they have all these things we can speculate on, the fact remains that this company seems to be run by a bunch of douche///'s. They havent even released a freakin PR, oh right except for the 1 line tag on their website. Now according to alexa.com (http://www.alexa.com/data/details/?url=worldhockeyassociation.net/) their website is ranked #827,304 while Allstocks.com is ranked 35,330. Awsome, we must be getting a TON of exposure now...not.
Don't get me wrong, I wish the stock would hit 100$ because, hey, I'm still in it. But for you guys to say that it's not going to take much for us to be in the green, pass it to the left please because I need a hit.
Agreed. Are you going to hold on and try to recoup some of your investment or sell right away. I've seen a few reverse splits plummet in price. I'm still deciding what to do with my 60 shares.
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quote:Originally posted by futurama08: I think a lot of people are missing the point that: We bought X number of shares and now we have X/1000 but the price wasn't corrolated to that at all! That means that we have to have a huge price increase at the very least in order to see our original investment!
So take my awsome state of affairs right now: 120,000 shares at $0.010 = $1200 120 shares at $2.00 = $240
I need the stock to hit $10 before I can hope of seeing my original return back. Given that the current volume is ZERO this might take quite some time. While they have all these things we can speculate on, the fact remains that this company seems to be run by a bunch of douche///'s. They havent even released a freakin PR, oh right except for the 1 line tag on their website. Now according to alexa.com (http://www.alexa.com/data/details/?url=worldhockeyassociation.net/) their website is ranked #827,304 while Allstocks.com is ranked 35,330. Awsome, we must be getting a TON of exposure now...not.
Don't get me wrong, I wish the stock would hit 100$ because, hey, I'm still in it. But for you guys to say that it's not going to take much for us to be in the green, pass it to the left please because I need a hit.
The stock very well may start trading at that price If there was no R/S where do you think the price would be today?
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posted
I just called the WHA number and identified myself as a stockholder with some questions. The guy who answered said he was just leaving Tampa on his way to Ontario and asked if I would call him tomorrow. He said he would be glad to answer my questions and give me information then. Does anyone have anything they would like asked? (that can actually be *answered*, of course)
-------------------- speak from your heart, invest from experience...
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>Agreed. Are you going to hold on and try to >recoup some of your investment or sell right >away. I've seen a few reverse splits plummet in >price. I'm still deciding what to do with my 60 >shares.
Well there's no reason to sell for me. I'm out a grand, who cares about two hundred extra bucks? Keep it and hope for the best.
>The stock very well may start trading at that >price. If there was no R/S where do you think >the price would be today?
Well if we are playing the game of "What If..." then the price was at .022 and dropped back because of profit taking but most of the drop occured when the R/S was announced and people shook in their boots and couldn't wait to sell! So I am only going to assume (again "what if" game) that with no R/S at best the price would have stayed in the mid teens or the price would have gone up if they actually released a P/R saying we don't need to f*** our shareholders over, we got more funding! Hoorah! Then the price would hit that imaginary .10+ we were talking about.
>I just called the WHA number and identified >myself as a stockholder with some questions. >The guy who answered said he was just leaving >Tampa on his way to Ontario and asked if I >would call him tomorrow. He said he would be >glad to answer my questions and give me >information then. Does anyone have anything >they would like asked? (that can actually be >*answered*, of course)
Yeah, assuming you get to him tomorrow:
Is a PR coming out? What is the future now that the R/S is done? What can we expect from WHA in the next six months? They said they were moving to the OTCBB they are still on the pinks--why?
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i too see my etrade account often.... yup, sad won't see that come monday...
