GREY:WFEMF - Post by User
Post by
mercurysmithon Mar 30, 2012 2:33am
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Post# 19737248
Fundamentals for longs...
Fundamentals for longs... market and anticipated news for day traders. We recently had great news regarding fundamentals (the science of processing has improved such that 15% more tungsten will be recovered from each raw load processed). This has added predictability to the upcoming BFS. The negative news regarding a two week delay in BFS in no way changes the fundamentals, yet we see that the day trading has resulted in the s/p going down slightly. None of these slight s/p changes should be any concern to someone invested long in Woulfe (regardless of whether it is a slight change down in the .30's or up in the 40's). Soon enough this s/p is going to again double and triple--there will be a time within the next 60 days when more buyers want in and 10M shares will be exchanged in one day. We just need patience. The BFS and construction start-up will make us all lots of money. Patience is the word.