TSXV:WEE.H - Post by User
Post by
Everswanon Feb 18, 2010 7:55pm
427 Views
Post# 16798023
Powerwave dilemma
Powerwave dilemma
I kinda understand those oil executive...
This powerwave thing seems too good to be true, so the refute it. Then again some don't and they need to convince their bosses.
With more and more users, the tech is basically accepted at this point.
No one is calling it a sham or paper ideas.
No one.
Then again, it's a good reason not to reveal who you are and why you are installing those powerwave systems.
Especially if you want to grab some cheap abandon wells.
The pressure is on to sign and make a deal.
Pemex sign back when the recovery was still shaky or uncertain.
Indonesia is as desperate as PEMEX they've been on and out of OPEC so many times now.
If we land indonesia, we can all sit back and dream of retirement.
I must admit, I want this stock to rise to the moon but on the other hand, I am happy it is not.
This gave me the chance to add more and more.
With this company there is news every 3 weeks since Sept 09.
I am expecting news next week or after.
I think we are going to reach a point of rupture where suddenly everyone orders powerwave tools.
Everytime I see oil demand going up and crude hoovering higher the pressure is on those Oil executive to sign.
The lure of greed is the most powerful incentive.
So, whenever oil breaks beyond 82$ and stays there. WEE will move higher.