TSXV:WEE.H - Post by User
Post by
Everswanon Feb 23, 2010 7:34pm
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Post# 16812928
WEE wows morons.
WEE wows morons.
First, Brett is the brain and heart of the company. He purchased share. He is still there and is still fighting/working hard for the company.
Old guy is retiring so taking 40K is fine for me.
Now, typical insider trading indicated Dead period or end of dead period before major news.
WEE insider typically buy / sell 1 month or so before majo announcement.
Mid March - End of March is what everyone is waiting for in terms of new contracts.
Mutual fund position hasn't move since Sep 09.
So all the posting is pointless.
Looks fine for now. I don't think we will ever get a dissappointing or bad news going forward.
Worst case scenario is that we wait a bit longer.
Halliburton is certainly going to go after WEE in order to conquer a new Niche market or go for vertical integration (that other company vertial lift mentionned in Bloomberg article)
Shale gas drilling and deep sea drilling will be dominated by Schlumgerger/Smith.
Investors are cleaning up WEE. Not a lot of weak hands.