As covered in last night’s edition, NWWV is simply kicking butt on the growth side. The $1 million mark revenue in April is a huge accomplishment, and I don’t believe the market is effeciently reflecting the value of their achievement.
These kinds of events make the stock market. While the rest of the world is obsessed with interest rates, oil prices, and commodities, NWWV is quietly tripling in size year over year.
When the market turns its attention back to technology/internet/service companies, NWWV will once again trade with vigor.
In the meantime, courageous investors with a few dollars for speculation will accumulate this stock while no one is watching.
The chart simply follows what has happened in the NASDAQ this year.
I believe the nationwide roll out of the informercial with Bob Eubanks will be the catalyst that gets this stock moving. When people can turn on their TV, and get a complete understanding of what the company does, I believe investors will be piling into the stock assuming market conditions are at least reasonable.
As usual, your comments and questions are welcome.
Dear Sir can you tell me hoe to get in touch with nuwave, adress or website or phone number
Editor- web site is http://www.newave-inc.com. Phone number is 805-964-9202- This information is easily available at the bottom of every one of their press releases.
Stock trader news is featuring NWWV in their hitech fortune marketing mailer. NWWV has paid them 484k bucks for the advertising effort. I hope Bob Eubanks is worth the 15k per month he gets paid. He also has a vested interest in the appreciation of the stock price…he owns 1.5 mil shares and warrants. Does anyone think that Bob would not be succesful in this venture? If the management blows this company then Bob’s name will be mud.
Editor: Revenues were up 400% in ’04 vs ’03. From a startup 18 months ago, the company just delivered it’s first million dollar month. That’s $12 million in annualized revenue. Looks like they could grow another 400% this year. Since they are delivering the numbers, not promising to, I’m not sure what you mean about Eubanks being embarrassed. The nationwide infomercial and media push starts in September. Nothing wrong with making sure they have a good audience for the stock as long as they deliver the goods.
I have been inesting scarce, non-marginable funds in this dog for two weeks and all it does is go down. Any ETA on when it might rally–to at least the $2 area?
Editor: A number of initiatives are being experimented with to help the stock trade more effeciently. The company is doing extremely well, and numbers are continuing to improve. We might be able to get some traction with this one over the summer, but I have a much higher level of confidence that the $2 level can be re-attained in the Fall, especially with the nationwide infomercial rolling out in September. That will bring the company a lot of exposure. Watch next week’s action- there’s a chance it could trade better.
Any more news on the Eubanks connection. I watch entirely to much TV and I’ve not seen any of his commercials
Editor: The infomercial is scheduled to roll out nationwide in September.