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Western Wind Energy Corp V.WND



TSXV:WND - Post by User

Post by lunderkon Mar 11, 2010 10:46pm
213 Views
Post# 16874129

Additional Reasons.

Additional Reasons.~ As stated by many of you WND lacks the advertisement = Weaker Buy side

~ Delays in the closing of the Finacing = People get worried and sell

~ A Heavy Seller (001 bank who not afraid to market sell 10k shares 2 times a day) + insider sells (maybe one in the same) = No reason for any market buying if you can bid and get hit with a sell

~A rising Canadian dollar that has shot up from 80 cents to 97.5cents US = Everything more expensive if using USD in California and reduced revenues when it changes back to CAD.

So Its not a huge shock the stock has sunk over the past weeks

However, the companys fundamentals don't change. 

Someone could market sell the stock down to 1 cent as on Tuesday at the open there was only 60,000 total on the bid side with the lowest bid being .51 cents and nothing below it so technically it was possible idoitic but possible.  

I bet its not gonna change where the price will be this december whether its 0.97,1.47 or 1.97 today.  The market movers are having a field day on this low volume.

Buying in originally at 0.63 in April I may stress less about it than others though.  Very undervalued stock still not interested in selling.
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