WLKR is virtually unknown in the stock market world. Morningstar's website crashes when you look it up, and various stock market websites have zero data on the company. It's a net cash play trading at a 60% discount to its liquid cash on its books. Plus, the company is run by none other than Jay Walker, Time Magazine's Top 50 Most Influential Businessmen in the Digital Age, and Top 10 Most Patented American.
The company is not without its problems, which I go into detail about in my latest blog post.
I like the $0.60 price level for entering, and would place my stop loss around $0.35 per share, risking no more than 100 - 125bps on this trade.
This stock is low volume, so be cautious of that if you decide to take the plunge.
Always trying to improve,
Brandon
The company is not without its problems, which I go into detail about in my latest blog post.
I like the $0.60 price level for entering, and would place my stop loss around $0.35 per share, risking no more than 100 - 125bps on this trade.
This stock is low volume, so be cautious of that if you decide to take the plunge.
Always trying to improve,
Brandon