GREY:WFEMF - Post by User
Comment by
ripantuckon Jun 05, 2012 12:03pm
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Post# 19981295
RE: significantly undervalued
RE: significantly undervalued It is interesting to me that in this CVE market, there seems to be no distinction between companies that are advanced and relatively derisked and purely speculative explorers. I also own a couple other companies like WOF that are about as derisked as a junior explorer/miner can be and they are also down to ridiculous SP's.
I also follow many others and I see no difference in the market's assessment of those that are derisked and those that are just hoping for a hit. The only difference I see is in those companies that are favorites of at least 3 or 4 newsletters. Those companies have not suffered nearly as much even though my DD tells me that they are just a bit above average and could easily fail.
I suppose it is a result of all the TA going on. If a company gets multiple boosts from write-ups at strategic times their charts start to look good to TA people. However, when things start to reverse, companies like WOF are the ones that will really take off.
Rip