TSXV:WEE.H - Post by User
Post by
Everswanon Dec 23, 2009 9:10pm
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Oil Support - Wee up lack of selling
Oil Support - Wee up lack of selling
Wee was up on a general lack of selling pressure today.
Buying was timid yet the stock rose on small volume.
Oil is rising rapidly and is supporting WEE long term valuation.
I think we test 3$ again very soon.
People are now worry about not holding WEE because of imminent news.
If you trade this stock you might miss the rapid explosive rise.
Everyone is building a position.
Stock is still pretty cheap at 2.65$
There are 6 major clients. Each will order at least 50 powerwave units.
That's 300 systems for sure.
It's just a matter of time.