TSXV:WEE.H - Post by User
Comment by
brnt999on May 09, 2010 11:11pm
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Post# 17079502
RE: RE: Ahh yesss...
RE: RE: Ahh yesss...I think your wrong that the pp caused the sp to fall. The sp started falling 2.5 weeks before the pp. A steady slide downward. This stock moves on positive news and /or lack of news. The market has a lot of expectations for the company-they have all of this potential and differant irons in the fire and they just dont live up to the expectations. I was expecting after the pp that there would be a new development that would be announced with the quarterly report but I was disappointed. I thought the pp was part of a master plan--there was a reason for the pp. But nothing concrete and new came out of the quarterly report. The pp didnt stop the sp slide--it just agravated it.
The company keeps hinting at breakthroughs right around the corner--Pemex, BP, OPEC and Latin America. I think they would be better served by keeping their mouth shut about potential breakthoughs and just announce real break throughs. That way they dont disappoint expectations.
The only thing that is going to stop the slide is concrete news