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Bullboard - Stock Discussion Forum WestFire Energy Ltd T.WFE

Bullboard (TSX:WFE)

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Post by bankerboy28on Aug 29, 2012 2:04pm

Small volume trading..............................

its to be expected...when the announcement was made the price dropped from $4.65 to around $4.00 over the following few days on volume of about 4 million shares....people getting and out and people ...more  
Post by mckenzie00on Aug 28, 2012 10:42pm

from strong cash

ladies and gentlemen, i present WFE, a viable strong company , with a strong cash position x1 month ago. and now pushed down to 3.94. are we having fun yet ? this is  not  fun  having ...more  
Post by tele8on Aug 28, 2012 9:41pm

even hurricane Isaac fails to lift WFE/GO

even with Hurricane Isaac, and even as 78% of oil production and 48% of natural gas production in the Gulf of Mexico is shut in,  WFE and GO  continue to sink...  on skinny volume ...more  
Comment by testy1on Aug 28, 2012 2:39pm

RE: Loaded the boat at $3.9 - thank you

  Maybe the combined company is worth less than $4.00 and that's the reason for the current share price.   Stock companies shares are only worth what others are willing to pay.  ...more  
Comment by tele8on Aug 28, 2012 1:04pm

RE: RE: Mortgage backed securities....

jodie   if you sell your 50,000 shares of SCP, you alone will bring the price down to 3.90   what  if your move motivates all of your followers to do the same .....  panic on the ...more  
Post by barneyj44on Aug 28, 2012 11:59am

Sprott sure have a knack of turning

Gold into pewter,  market loves how they create share holder value
Post by can1on Aug 27, 2012 8:32pm

Mortgage backed securities....

Sprott would have been a very profitable back in the days of mortgage backed securities. You take a company with a poor track record and sinking value and put it together with a clean well run company ...more  
Comment by value1on Aug 23, 2012 1:09pm

RE: Long term support at $4.......................

Finally, someone real buying the stock.  Peters has an iceberg buy order at $4.05
Comment by bankerboy28on Aug 23, 2012 12:06pm

Long term support at $4..........................

even the 5 year chart shows that $4 and change is basically the bottom support no matter what has happened over the last 5 years...it may stray below that for a day or two but really $4 is the support ...more  
Comment by tele8on Aug 23, 2012 10:03am

RE: RE: RE: Comparables vs. Correlation

jodie   correlation or not, the message from the market is signalling loudly that the merger/reverse takeover is a bad move.  Having GO run the new show makes it even less likely to succeed. ...more  
Comment by Majormac79on Aug 22, 2012 8:04pm

RE: RE: Comparables vs. Correlation

Fair enough but keep this in mind, Westfire produces its product for a cost of around 35$ a barrel. FYI they are in the money big time whether the market wants to give credit for ir or not. Long ...more  
Comment by heraclituson Aug 22, 2012 4:16pm

RE: Comparables vs. Correlation

To claim there is no correlation between share price and oil price for an oil company is palpably horse doo doo.  Take oil prices to zero and SP will go down, Take oil prices to $150, SP will ...more  
Comment by bankerboy28on Aug 21, 2012 10:57pm

RE: RE: Michael Graham

I agree with barneyj44...WestFire has good managment and they had built up the company and it was poised to take off..and build production and had great success drilling at 100% on last quarter...I ...more  
Comment by barneyj44on Aug 21, 2012 10:24pm

RE: Michael Graham

  Joadie thanks for your input but we had good management at Westfire, I think  it's Sprott that worries investors, purchasing Orion and now GO.... oh well I guess I'm in for ...more  
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