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WSP Global Inc T.WSP

Alternate Symbol(s):  WSPOF

Industrials Conglomerates
WSP Global Inc. is a Canada-based professional services firm. The Company provides strategic advisory, engineering and design services to clients seeking sustainable solutions in the transportation, infrastructure, environment, building, energy, water and mining sectors. It also offers highly specialized services in project and program delivery and advisory services. Its segments include Canada, Americas (United States and Latin America), Europe, Middle East, India and Africa (EMEIA), and Asia Pacific, comprising Asia, Australia and New Zealand (APAC). It provides comprehensive technical support to the renewable energy industry. Its wind energy specialists help clients in both the onshore and offshore wind energy sectors develop systems. Its services include identification of prospective wind farm sites; resource assessment of wind power stations in high-wind-speed environments; wind power assessment studies and grid impact studies, and electrical interconnection studies.


TSX:WSP - Post by User

WSP Global Inc
Bullboard Posts
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(1)
•••
Comment by cqfdon Nov 07, 2012 12:08pm
224 Views
Post# 20572266

RE: RE: RE: RE: RE: earnings leak???

RE: RE: RE: RE: RE: earnings leak???

Hi longtrade,

Good point ! I just took an initial position.

If you look at the 1 year chart, there seems to be a bottom (support) near $20 to $21.

https://www.stockwatch.com/oldsite/oldsite_chart.aspx?symbol=GNV&region=C

If you look at the 5 year chart, same observation: $20 to $21 seems to be a support (if you take out '08's $17 plunge).

https://ca.finance.yahoo.com/echarts?s=GNV.TO#symbol=gnv.to;range=5y;compare=;indicator=volume;charttype=area;crosshair=on;ohlcvalues=0;logscale=off;source=undefined;

GNV now trades near the bottom of the past 5 years trading range.

I would be worried below $20 and then would probably sell my remaining shares below $17.

I see no problems as long as GNG trades above $20 and I collect the nice dividend :-)

Cheers

CQFD

Bullboard Posts
Dealroom for high-potential pre-IPO opportunities