Question:

Whats the future of this stock (WLSN)?

by  |  earlier

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And please don't start preaching about how bad it is to invest in penny stocks. thanks

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2 ANSWERS


  1. With #'s like this, looks like a surefire winner

    Wilsons The Leather Experts, Inc. WLSN

    Morningstar Stock Grades  



    Growth   F

    Profitability   F

    Financial Health   F

    If you are going to pick penny stock, at least try to pick one with at least one D grade.  Jeez


  2. (the following is a personal opinion and does not constitute an advice, nor an offer to buy or sell any securities or interests whatsoever.)

    from a technical perspective (looking at the chart), there's no indication of any uptrends whatsoever - be it short, mid or long term.

    from a basic fundamental perspective (looking at the company's ability to make money - income statement), unless it can perform a miracle by reducing its losses quarter after quarter, and lose less than it did last year, there's little hope for its growth.

    with these in mind, one can assume that the price of this company's stock would be very volatile - jumping from one end of the spectrum to the other. IMHO, this is a good condition for day traders but not for short, mid nor long-term investors.

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