Stoney - I don't know if you've seen this or not, but I find it interesting. From WWAT's latest proxy statement: THE BOARD URGES STOCKHOLDERS TO VOTE âFORâ THIS PROPOSAL Unless Marked to the Contrary, Proxies Will Be Voted For Approval PROPOSAL FOUR TO APPROVE A REVERSE STOCK SPLIT AS APPROVED BY DIRECTORS Our Board of Directors is seeking approval of an amendment to our certificate of incorporation to give the Board authorization to effect a reverse split of our issued and outstanding common stock, without further approval of our stockholders, upon a determination by our Board that such a reverse stock split is in the best interests of our company and our stockholders at any time before our next annual meeting of stockholders. If the proposed reverse stock split is approved at the annual meeting and the Board of Directors elects to effect the proposed reverse stock split, each stockholder would receive a smaller number of shares at the reverse stock split ratio selected by the Board of Directors. The ratio will be no less than one for four and no greater than one for eight. The proposed reverse stock split will only be effected at a time when the price per share of our common stock is greater than $1.00. R/S does not normally signal good news, but these folks seem to think the shares will hit $1 this year. I'll be out before then, but overall I take this as a positive.
TopD I brought that proposal to the company! Ha! I haven't been in a reverse split in a long time, I've moved the stock 2% or so today hope to really buy at the HIGH at the close to ensure more buying tomorrow. CHECK OUT THE NUMBERS! Should this be a crappy 60 cent stock or something much better? Look how it crests along at ten cent intervals> 40 cents / base / gap up 10 cents / 50 cents / base gap up ten cents / Now currently 60 cents at this rate it will be over $1 by June! By the way I also gave the Co. A new slogan: WWAT SAVING THE WORLD, THE PLANET & A FEW INVESTORS AT ET! One Solar Farm At A Time! ~stoney
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Nice chart: <a href="http://photobucket.com" target="_blank"><img src="http://i179.photobucket.com/albums/w282/max401/wwat.png" border="0" alt="Photo Sharing and Video Hosting at Photobucket"></a>
I Just panic sold SWEB! That's right a 6 cent slide changed my tune! I work from gut. My gut says this high volume is not good if we close lower than we opened with a big tail stoney out $1,500 gain! Thank You Captain Obvious!
I like what the Captain is saying here, and Stoney...props on the sale (I remember when you were biting your nails and bleeding at .82)! I am not in it at this price, but missed that spike. I've been able to play this thing since the Captain first mentioned it for 8 to 10 cent swings. Good beer money! If it goes back to $1.20 I think I'll reload. Again, thank you CaptainObvious.
Still in WWAT myself, and like you, I don't care for R/S talk, but for now it's a keeper. I really thought ZAAP would do better with the news on Monday. Doesn't seem to hold up well after a small run.