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MWIS.OB

Started by David Randolph, October 14, 2005, 06:38:04 AM

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David Randolph

This is another company from Israel, like RDCM. I have to wait for another quarter to know if the company can keep on growing or not.

I don't trust the technical information on OTCBB stocks all that much (or on fundamental information, for that matter  :P) so I have to wait for more info on this penny stock.

Earnings for the 3rd quarter were promising, now the future for the PPS depends on the 4th quarter.

I'm not very confident holding MWIS.OB, but I'll continue to do it for some more time.

David Randolph

Nothing new on MWIS.OB, just 48,300 shares traded and no news. I'll hold it some more time, you can find the justification for that above on this thread.

David Randolph

I'm starting to know a bit more about penny stock trading. We know it's hard, and different. Now that I see myself holding these penny stocks with losses, I know what I am expecting to sell with a profit: news !

It's the news that attracts fresh money to push these pennies higher. With everybody else holding thinking the same way, it's not difficult to imagine why you get enormous spikes on news days and then a fall back to prior levels, or almost.

Today there were no news on MWIS.OB, and the stock barely moved. I'll continue holding it, though.

422fwhp

Ready and waiting.   ;D

Another BWC would be nice.  Nice volume, RSI looks to be turning up, and MACD 'bout to cross over.  Still holding.


422fwhp

Increasing volume..looking good and ripe for a BWC.

David Randolph

We got growth in sales of 74% on MWIS.OB. The revenue multiple is just about 1.4 now, which is very low considering the industry the company is in:

«m-Wise Inc. (the "Company") is a Delaware corporation which develops interactive messaging platforms for mobile phone-based commercial applications, transactions and information services with internet billing capabilities.»

Technically there's nothing new, I'll continue holding MWIS.OB.

Ramsburg


Hello,

Sold MWIS.OB @ $0.17
(Please read David's last article: «Current General Market Overview» for details)

best regards !
Frederick Ramsburg
www.3stocksonfire.org

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422fwhp

I still have some of this...

Big volume day today but I'm a little leary.

Anyone else still own shares?

laterz...Jody


phabrux

Me too 422fwhp, I still have some of the MWIS.ob from David previous suggestion on the "Penny Stock on Fire"
I will try to update this stock since it is still bullish or until I dump it