HotStockMarket › Forums › HSM Stock Forum › Penny Stocks › WGAT - Worldgate Communications Inc
New Posts  All Forums:Forum Nav:

WGAT - Worldgate Communications Inc

post #1 of 77
Thread Starter 
The chart is great and the thing channels like no ones business.

Again, IMHO.
post #2 of 77
Bottom play coming here?
post #3 of 77
Thread Starter 
Its a bottom play now
post #4 of 77
grabbed some earlier on the dip... couldn't resist ..... might go bk though.... GL guys... don't hold overnight..
post #5 of 77
Looks like bad news for WGAT this morning, an 8-K was filed with the following info:

"Item 8.01 Other Events.



The Company is currently in a dispute with its largest customer over the payment of significant monies which the Company believes are owed to it. The customer’s refusal to pay such monies has contributed to a shortfall in the operating cash available to the Company to continue operations. Accordingly, on January 30, 2008, the Company shut down its operations as a first step to winding down its business, which will occur if the Company is not able to secure payment of the monies believed to be owed and/or new financing. The Company continues to explore potential financing opportunities and is also pursuing legal recourse against the customer. The Company would intend to resume operations if it can obtain financing or payment of the monies believed to be owed in a timely manner. Without such financing or the payment of monies believed to be owed, however, the Company will continue its plan to wind down the business."
post #6 of 77
that's why I said... DON"T HOLD OVERNIGHT........
post #7 of 77
I wouldn't hold it for a New York minute... might have a hard time finding a buyer if they bother to read the 8-K!
post #8 of 77
Don't know anything about this company. Just saw the headline:

12/12/2008 10:20:42 PM * WorldGate reaches deal that calls for ACN to buy in excess of $50 mln in video phones over 2-Yr period (WGAT)
post #9 of 77
Quote:
Originally Posted by whinny View Post
Don't know anything about this company. Just saw the headline:

12/12/2008 10:20:42 PM * WorldGate reaches deal that calls for ACN to buy in excess of $50 mln in video phones over 2-Yr period (WGAT)
Wow took off today...
post #10 of 77
lol @ +0.168 (+236.62%)
post #11 of 77
Anybody still in this, I am considering selling out my position, but something tells me it could go higher...
post #12 of 77
So much for that...I am out of this one at .23. If you're still in good luck.
post #13 of 77
WGAT is moving got in .26 formed a capitulation.....................BOYAAAAAAAa
post #14 of 77
Anyone else jump in I think it was great because their was no reduction A/D on the techs and it was on low selling volume compared to the heavy buying volume from before in my mind we should start inching are way up after this.
post #15 of 77
post #16 of 77
Just found this out on Pinksheets.com

Jan 13, 2009KRISBERGH HAL
OfficerdirectAcquisition (Non Open Market)NA888,871 BUY
Jan 13, 2009KRISBERGH HAL
OfficerindirectDisposition (Non Open Market)NA656,611 SELL
post #17 of 77
Trading side ways and the BBs are really starting squeeze.
post #18 of 77
are u kidding?....01 to 35 in a month????????????????
post #19 of 77
not even a month...
Low vol also.
post #20 of 77
Moving up broke the boiler Band this thing is starting to inch back up the MACD is getting more bullish and no loss of A/D accumulation.
New Posts  All Forums:Forum Nav:
  Return Home
  Back to Forum: Penny Stocks
HotStockMarket › Forums › HSM Stock Forum › Penny Stocks › WGAT - Worldgate Communications Inc