Bullboard - Stock Discussion Forum Wall Financial Corp T.WFC

Alternate Symbol(s): WFICF

Wall Financial Corporation is a Canada-based real estate investment and development company. The Company is focused on the development and management of residential and commercial rental units, development and construction of residential housing units for sale and development and management of hotel properties. The Company’s segments include ownership and management of residential and... see more

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TSX:WFC - Post Discussion

Wall Financial Corp > From $19 to $29, and now back to $20!!

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Post by malx1 on Feb 22, 2024 2:20pm

From $19 to $29, and now back to $20!!

The ol pump and dump prior to a failed equity issuance?

Or just retail children who thought WFC was a canadian meme stock?

Either way, price action here smells funny. I don't like it.

But don't listen to me, I sold at $19+

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Comment by wynner on Feb 23, 2024 9:02am

something fishy for sure.

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Comment by malx1 on Feb 28, 2024 12:47pm

Wynner - here we are back at $19-20. No explanation, no news, no nothing. I see NCIB has been picking up a few shares but nothing significant. If BOD didn't issue $3 dividend I'd still be a buyer but my concern is that these guys don't respect capital. Would buy on selloff into low-teens but that's not likely either. Holding pattern here, probably decent value if you can ...more

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Comment by wynner on Feb 29, 2024 2:43pm

I don't need news. They are proceeding with their application for the rental property tower in Vancouver. Mid March? They have phase 2 of their townhouses coming to market. Mid March? They buy back shares every day. Earnings and MD&A in April. I bought BWXT about 2 days before they blew the doors off with their Q. I had to sell all my uranium stocks to get in. No regrets.

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