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Wavefront Technology Solutions Inc V.WEE.H

Alternate Symbol(s):  WFTSF

Wavefront Technology Solutions Inc. is engaged in the advancement of dynamic fluid injection technology for oil and gas well stimulation and improved/enhanced oil (IOR/EOR) recovery. Through its Powerwave technology, it provides the oil and gas industry to place fluids into the reservoir. The dynamic action of Powerwave’s fluid pulses diverts injected fluids away from established flow paths, achieving better fluid distribution. Its patented Powerwave process is an injection technology that improves the flow of fluids in geological materials, including sedimentary soils and fractured rock. These materials are composed of a solid matrix and pore structure, which contain fluids such as oil and gas. The Primawave process is a method for aiding in-ground environmental remediation clean-up strategies in contaminated sites. Primawave provides the environmental sector with a solution for aiding in the clean-up of contaminated sites. It deals directly with exploration and production companies.


TSXV:WEE.H - Post by User

Post by everswannon Feb 05, 2010 7:31am
520 Views
Post# 16754960

2 possibilities

2 possibilities
1) A large order soon to be announced.

2) Take over bid


Must I remind all readers that WEE defied gravity yesterday.

Gravity was pulling down everyone.
For energy, oil sank to 73$
Fear was everywhere.


If this stockwas correlated with market,  it would have sunk. The sudden burst from 2h15 to 4 pm cannot be attributed to irrational exuberance, it was a panic day on the market.

Also, large volume noted for WEE +800K that 4X a normal 2010 trading day 8X a low volume day and 2X a normal day from 2009.

Institutional buying - ie Anonymous, Cannaccord, Jitney accounts.
Cannaccord turned from sellers to major buyer.

Something was leak days ago and it got the market attention yesterday.
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