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Westaim Corp V.WED

Alternate Symbol(s):  WEDXD

The Westaim Corporation is a Canadian investment company specializing in providing long-term capital to businesses operating primarily within the global financial services industry. The Company invests, directly and indirectly, through acquisitions, joint ventures and other arrangements, with the objective of providing its shareholders with capital appreciation and real wealth preservation. Its strategy is to pursue investment opportunities with a focus towards the financial services industry and grow shareholder value over the long term. Its investments include significant interests in Arena and the Arena FINCOs. The Arena FINCOs are private companies which include specialty finance companies that primarily purchase fundamental-based, asset-oriented credit and other investments for their own account. Arena consists of two main business lines: Arena Investors and Arena Institutional Services (AIS). Arena Investors operates as an investment manager.


TSXV:WED - Post by User

Bullboard Posts
Comment by amp7on Feb 07, 2007 9:21am
477 Views
Post# 12178154

RE: stock overall

RE: stock overallGood to see a few more posters willing to present a positive side to the argument. Thing is, even those disappointed by the drop in stock price, me included, see it as a good bet going forward. Why else would one continue to hold the stock? The way I see it, I can’t do anything about the price I paid for my position so why dwell on it? The only thing that maters is the risk reward story going forward. Fear and greed will drive a speculative stock way below or above where it should be. Hope this wave of fear ends soon. The temptation to buy more is hard to resist. Best of luck to all longs and newcomers to the stock.
Bullboard Posts