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Bullboard - Stock Discussion Forum Wheels Group Inc GRFJF

Industrials Integrated Shipping & Logistics

GREY:GRFJF - Post Discussion

Wheels Group Inc > $2.68???
View:
Post by Thunderhead1 on Apr 22, 2008 3:38pm

$2.68???

Not to scare you off Babe, but I'm here with you.

WGI down to $2.68 a few minutes ago, about 10% today alone, on a day when $pog is holding ~$920/oz. Can't imagine that Oliphant has allowed a major screw up... so I added a few more to my modest position.
Comment by babedinkleman on Apr 22, 2008 4:02pm
This post has been removed in accordance with Community Policy
Comment by amarksp on Apr 23, 2008 2:39am
Don't get your hopes up in regard to 1Q08 numbers.  WGI has already given guidance that it will have a loss for 1Q08 as production below 15K ounces is not sufficient to cover its costs.  That should change in 2Q08.More important will be the guidance WGI gives for 2Q08 when it announces 1Q08 results.  If WGI is on target still for 45K ounces in 2Q08, then WGI should show a profit ...more  
Wheels Group Inc
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