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WestFire Energy Ltd T.WFE



TSX:WFE - Post by User

Comment by bankerboy28on Jul 04, 2012 11:08pm
250 Views
Post# 20083198

RE: update....

RE: update....

I agree..the bounce in oil did help to get things a bit more positive...very thin trading...I think the weak hands are out...I do not know the short position on this stock but there are alot better ones to short than WFE as we have based at 4 and why would anyone short a stock that could be a takeover annoucement the next day...I think there is some value recognition now..last few days its been Raymond James and Cannacord Genuity buying... but not many shares for sale which is good...the management does  not seem to do alot of press releases unless they have something material and relevant to say...press release cost money so I guess its good they are not spending...the only announcement I want to hear is that we have a viable offer that the management recommend the shareholders accept...now that is newsworthy!.....BB28

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