WTP 0.00% 91.0¢ watpac limited

re trading halt, page-31

  1. 664 Posts.
    fry, you have to remember that there is only so much to go around. thus, they're only raising "x" amount which will mean an additional "x" shares to apply for.

    this stock has been bought up on $500 clips so we can all participate. unfortunately, if you apply for, say, $15,000, you MAY not get the 15k. It all depends on how the company will distribute the new shares.

    All that said, if you think its worth trying to make 5c on a stock then go for it. you gotta be in it to win it. Just remember that there will be fees to be paid and the possibility that everybody will be trying to do the same as you. and if you buy in now, you'll have to work out what your average purchase price is.

    take a look at MAK. they did the same at 43c. Stock went nuts and now where is it? I'm not saying the same will happen here, but nothing is a sure thing.

    in addition, sophisticated shares come into play monday and i think they'll be taking profit now! why wouldnt you?
 
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