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WestFire Energy Ltd T.WFE



TSX:WFE - Post by User

Comment by bankerboy28on May 14, 2012 1:27pm
132 Views
Post# 19906581

RE: RE: Emotion over Logic...the general market

RE: RE: Emotion over Logic...the general market

I agree that the data shows this is a great deal and it is hard to say whether any takeover offers are on hold now or not...Cutpick energy got picked up as an example...when prices are cheap like you say its the perfect time for a company to give a low bid to test the water...$7.50 - $8.00....unfortunately alot of great companies are floundering now and investors do take a short term view...days weeks months...the days of investing for a year or longer are gone for most investors...you just have to watch BNN call in show and callers are always asking fund managers for their predictions on where a stock will be 3 months from now...a sign of the times...everyone wants a double in a week or so...I think the stock market has more gamblers than true investors...lets hope the quarter results are good and management have some good news on the future of WestFire...BB28

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