TSXV:WEE.H - Post by User
Comment by
diogneeson Aug 22, 2010 10:38pm
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Post# 17373449
RE: Schaeffer's Comments
RE: Schaeffer's Comments I think you are probably right.
A combination of apathy towards shareholders on the part of Management and frustration on the part of shareholders will like contribute to increased selling and SP attrition.
Other than hope, which is a lousy investment policy, there does not appear to be a cogent reason to buy at the moment.
Two weeks to the end of this quarter and if you were unimpressed with last quarter results you will be
shattered by those for this quarter
Investors buy stocks based on current and future prospects but until management get their act together
it will be more of the same old, same old story.
Better to wait and buy after the turnaround than try and pick the bottom.
Averaging up in price has proven over time to be a far more prudent and successful investment strategy than averaging down