TSXV:WEE.H - Post by User
Comment by
Barruchon Dec 21, 2011 3:52pm
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Post# 19343074
RE: All Lined Up:
RE: All Lined Up: First of all let me state that I am currently long WEE.And I have in the past posted favorable posts here. Unfortunately I have been long for over 5 years at various prices. Without going through all the old press releases, I believe WEE HAS HIRED investor relation firms/people before. And resulting in no long term benefit that I could see. Unfortunately WEE again has decided to spend money on this type of what I call stock promotion again. In my opinion this stinks of desperation. The market is well aware of WEE. It is held by Sprott and other large investment firms, it has been mentioned on BNN MARKETCALL, unfortunately the comments by the portfolio managers are along the lines of ,interesting technology but waiting for the revenue.Also the bought commercials on BNN promoting WEE. If there had been good news coming it would have simply been put in a press release and the market would have responded accordingly, like it always has in the past with this stock. The omission in the annual report of the number of systems installed (material information in my opinion) is very suspicious . Spending money on stock promotion just tells me not to expect good news any time soon.This technology has just taken too long to catch on, and not enough material information is released to the public. All this is just my opinion of course.Hopefully I am wrong as I will continue to hold my shares, but they are more like lottery tickets now.Bash me at willBarruch