TSX:WRK.DB.K - Post by User
Comment by
canadafanon Nov 14, 2010 2:08pm
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Post# 17704372
the week ahead and my pal gwplant
the week ahead and my pal gwplantMr gwpalnt, If I wanted to put you on ignore I would have done that a long time ago.
I like you and your honesty. At leaseet you say how you feel and for the most part are upfront with all of your ideas.
One thing I do not have is tesnion re anything on this board or any other .
As much as I try to inform people ....I really do not care.
I am over 50 yrs old , have been without parents since ealry 30s, married for over 30 years and enjoy & cherrish every day of my life.
So, I wish you luck with "your: plan.and Can tell you after 30 years of investing. there is no 100% right way all the time.
I can however guarantee that WRK will continue to pay distributions for many years to come and the trading price will be much higher than it is now.
Since wek is extreamly oversold (aka RBC stock technical analysis) , I use that as well, watch for an upwards correction next week.
Bellow $18.72 is out of line with reality. and eventually things always stabilize back to normanl range.
Which as I have said and backed by analysts is in the $20 range.
Might take until the end of the year, but that is only weeks away