TSXV:WEE.H - Post by User
Post by
everswannon Apr 12, 2010 4:44pm
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Post# 16983173
WEE down then up on HAL, PEMEX
WEE down then up on HAL, PEMEX
There seemed to be short term pressure on the stock. Someone is capping the increase at 2.53 with an large sell order.
Profit taking again at around 2.60$.
HAL will eventually acquire WEE. It's now a matter of time. HAL has basically fold out their hands and everyone can see what card they have and want.
Market is not seeing HAL as an imminent buyer but market is wrong.
HAL has 3.5 Billion in cash and could get aggressive.
WEE is so cheap
72 X 2.52 = 181 Market cap
72 X 5$ = 360 Millions
72 X 10$ = 720 millions
I think HAL could zoom it at 5$ if moronic shareholders don't value this stock properly.
I see the stock dropping again to 2.40$.
I'll pick more shares.
Thank you so very much for selling.