GREY:WSCEE - Post by User
Comment by
stockdomon Jun 27, 2006 4:19pm
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Post# 11039705
RE: Anyone
RE: AnyoneI played cwpc a couple of times before settling in during 04 before it took off. The stock swung in a tight range btwn 24 and 55 or so but seemed loose and sloppy at the time. They had the property and proven reserves nobody could figure out why the stock was stuck. Something had to be wrong for a number of reasons. People sold and moved on.
Mgmt couldn't seem to get it right. Toxic funding didn't make anybody feel safe. For much of the time a guru was heavily recommending the stock to institutional buyers.
One fine day the stock jsut took off. Same could happen here provided ellycrack comes on stream but my point is cwpc stock acted much like this stock til it took off. Sounds simple but that's the way it will happen if this is for real.