Wilhelmina International Inc. (OTC:WHLM) is by no means fond of issuing official press releases on its business operations. Rather, its PR activities go down to a handful of SEC filings. However, is this kind of policy favorable to stockholders
If you ask investors interested in WHLM stock, you will most probably get a negative answer. As seen on the chart, WHLM has not been doing fine recently. Moreover, it has been traded well below the MA 50 level for four weeks now. Yesterday, WHLM went down 5% to $0.19 per share. While such a minor change is far from surprising, the volume it generated went beyond the 1.2 million mark, setting a new six-week record for the company.
The increased interest in WHLM stock suggests the company might have got something cooking, which is currently only known to insiders. If that should be the case, the prospective benefits will go to those who have the right information, because, as the archive news records show, WHLM only provides official news once in a blue moon.
Wilhelmina International Inc., whose name bears a striking resemblance to a leading character in an American comedy-drama television series, specializes in providing fashion model and talent management services throughout the United States. Prior to entering this industry, WHLM existed under the moniker of New Century Equity Holdings Corp.
As discussed in our previous article on WHLM, the company would be enjoying an almost perfect financial state had it not been for the huge amount of its ARs. The latter exceed its cash reserves by 400% and could potentially put a spoke in its wheel.
