One can only wonder sometimes what people are thinking when they...

One can only wonder sometimes what people are thinking when they invest... do they actually calculate risk-reward or just act on sentiment?!

I hope the poor punter who gave up today and sold out 500k shares at 2.2c (see below: they wait in the sell queue at 3.1 for more than two months before amending down this afternoon) was desperate for cash because there are only a few pips of downside risk left in WSI at these levels.

Lots of spec stocks were under the pump today I guess but none of them are profitable and cash flow positive gems like WSI trading at a bargain-basement valuation with lots of cash in the bank and enormous imminent growth prospects.



I reckon most of the WSI traders are out for the loss after Tuesday so if we get a contract win there should hopefully be less supply than usual.

The AGM is tomorrow so perhaps we will get an update and I have my fingers crossed for at least one big contract win before the year is out... there's lots of work going around for new projects ready to be awarded next couple of weeks before the break so I have heard.