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Wescorp Energy Inc WSCEE



GREY:WSCEE - Post by User

Comment by teetogrnon May 02, 2010 12:54pm
215 Views
Post# 17053738

RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: Confused a

RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: Confused aSo in layman's terms... the longer we continue in this mode (if I understand this correctly), they are possibly accumulating more shares at lower prices and in essence averaging down.  Long term shareholders like myself who are afraid to average down because I have no idea what this company is doing (yes I know there are news releases but don't understand the rationale in the long term vision, where Weatherford is at, etc.) will either have to...
a) be excited that IF the share price gets to the 50 cent range and I sell for less of a loss (quite possibly while management is profiting if in fact their average unit price is declining)
b) hope that we get some clarity from management and IR to renew my confidence in their direction so as to average down and possibly break even
c) hope that these guys in fact do have a plan and that this stock is going to take off and we will all be greatly rewarded for our patience and missed opportunities
I truly hope it's 'c' but I personally do not feel they are giving me enough information to have a warm and fuzzy feeling.
It would be neat if they could take the key news releases for the last couple years and give a brief update on them... Weatherford deal is at such and such due to such and such; 256 units are at such and such... if things have changed, fine, but it would be nice to understand why and hopefully see that it was a positive change?
I don't feel I'm asking for much, it's the longs who helped finance much of the direction of the company as we were buying in the $1 plus range, it would be kind of a shame if they have forgotten about us...
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