WHY $WPFH IS ABOUT TO RUN HARD
Seriously, the only word we can use to describe what is going on these past few weeks is that WPFH is “GEARING UP.” Not only is it gearing up, the bullpen is just about to break loose, and I am expecting a major stampede.
Forget that this company has a “cool” business model and forget that it has major A-list celebrity beneficial owners attached to it (Floyd Mayweather, Justin Bieber, Soulja Boy, Tyga, and Kyle Massey), and forget that its getting into some pretty hot spaces (interactive gaming, online poker, etc). This stock will run merely because of its Public Float.
Let’s go back to investment 101. What is a public float??? A Public float is basically the portion of a company’s outstanding shares that is in the hands of public investors. To say that WPFH has a “thin” public float is an understatement. WPFH has virtually NO public float. According to the last filing of WPFH, there are less than 100,000 shares in the public float!
I've been watching this CLOSELY, as have many others. Some recent traders have apparently decided that it would be a wise idea to “short” this stock. Shorting a very thinly traded stock, with a super tight float, which happens to have owners with a social media following aggregating more than 80+ MILLION followers??? All I can say is, “NOT A GOOD IDEA.” When a few million fans find out about this stock (and they will), expect major buying pressure. Buying pressure (even as much as a sneeze from one of these celebrities) will send this stock soaring.
My advice is to get in early. Buy up whatever you can of the float now while the stock is at its 3-month low. Then wait. Wait for a few of the A-list celebrities to open their mouths about their ownership of WPFH. Grab some popcorn, watch some shorties run like beheaded chickens trying to cover, and enjoy the show. This may be one of the best flicks Wall Street has to offer. Happy trading!
Seriously, the only word we can use to describe what is going on these past few weeks is that WPFH is “GEARING UP.” Not only is it gearing up, the bullpen is just about to break loose, and I am expecting a major stampede.
Forget that this company has a “cool” business model and forget that it has major A-list celebrity beneficial owners attached to it (Floyd Mayweather, Justin Bieber, Soulja Boy, Tyga, and Kyle Massey), and forget that its getting into some pretty hot spaces (interactive gaming, online poker, etc). This stock will run merely because of its Public Float.
Let’s go back to investment 101. What is a public float??? A Public float is basically the portion of a company’s outstanding shares that is in the hands of public investors. To say that WPFH has a “thin” public float is an understatement. WPFH has virtually NO public float. According to the last filing of WPFH, there are less than 100,000 shares in the public float!
I've been watching this CLOSELY, as have many others. Some recent traders have apparently decided that it would be a wise idea to “short” this stock. Shorting a very thinly traded stock, with a super tight float, which happens to have owners with a social media following aggregating more than 80+ MILLION followers??? All I can say is, “NOT A GOOD IDEA.” When a few million fans find out about this stock (and they will), expect major buying pressure. Buying pressure (even as much as a sneeze from one of these celebrities) will send this stock soaring.
My advice is to get in early. Buy up whatever you can of the float now while the stock is at its 3-month low. Then wait. Wait for a few of the A-list celebrities to open their mouths about their ownership of WPFH. Grab some popcorn, watch some shorties run like beheaded chickens trying to cover, and enjoy the show. This may be one of the best flicks Wall Street has to offer. Happy trading!
