RE: Ed picks up another 3600 shares on Oct7
If oil reaches $100 then we will surely be at $10/sh.
I have followed WFE very closely and read most of the Viking reports, and know enough to know that Ed probably sees a very undervalued junior and a great place to park your cash. The time to buy is now, and that is exactly what I have done. If WFE remains low for another couple of months then I will simply add some more. WFE is getting quite overweighted in my stock portfolio, around 25% or perhaps a bit more, but I am very comfortable with it.
Good luck to you and may your decisions be wise. My advise is that when you sense something is amiss, then you need to gauge if it is the company or the market. My sense is that it is the market and the market is often wrong in my experience since so many just follow the herd rather than the fundamentals, including the analysts more often than not.
If I am wrong, then so be it, but I figure I have a 90% probability of being right on this one based on my research.
cheers