Battle Has Began (WHOG) Game On (Bottom Reached)

I want to state that Optimist has to be one of the best posters around, definately lives up to his name. I share his enthusiasm on whog.

Mike, I have looked at whog's accounts, its not in bad shape because they have the extended bank features that will last them until June 2004. They intend to make a rights issue, if at a good mark up, means that whog holders and the company will benifit. This is not corus , where rights issue will be gaining at 25% profit. An issue in a tech-1 company even one such as whog, if it indeed is worse as u think it is Mike will send the prices surging then come down to a modrate mid-level. If the company balance sheet is in BAD shape as you believe part of the directors provision act is they would have to mention it like corus did when they said thy will have no cash flow in july and had a restructuring plan. Whog is not just a normal developer/pub tech company they have strong relations with other firms. They have many on-going projects and yes they have made terrible mistakes in too much investments on outside firms and aquistions...

The bigger picture is, this share is going to be heavily shorted and we might see sellers selling out but MMs will hold onto these for the next rise, as what WHOG wants now are long term holders. I want it to come to 5p so I can buy more, this is a 10p stop as Optimist posted, but that 10p is short term, who knows how big in medioum/long term.

I understand what makes people nervous - their accounts, but take into account their bank features and other projected profits from the games sold. A bank will not extend their features unless they knew they had a winner. If your going to go into troubles u can't out of no bank will help them.