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Western Wind Energy Corp V.WND



TSXV:WND - Post by User

Comment by agrossfarmon Nov 27, 2012 11:34am
104 Views
Post# 20649231

RE: RE: It is what it is

RE: RE: It is what it is

Peter, you need to read more carefully and pay attention to the literal meaning of the words.

Maybe waiting longer doesn't matter to YOU. I am writing about what matters to the Markets and to arbitrageurs that are buying the shares and to short-term traders looking for an exit opportunity. 

Time is money. The longer it takes the more profit an arb will require to bother to buy the stock.

One postponement suggests the possibility of more postponements. It is NOT something you want to suggest publicly unless you are backed into a corner, if you care about the share price...especially if you don't KNOW that a postponement is inevitable. 

And to a neutral observer, more players starting to do Due Diligence means the POSSIBILITY of more bids.

Those of us who already have significant positions and have followed the story will interpret events based upon our experience. New players or those just starting positions, will be less informed and more neutral. That is why the mention of a specific price, like $3 or $2.99 affects them more than us. Your "explanations" about why the BNN interview was only a positive (if you understand the background) is irrelevant to the potential buyers of the stock. THEY will not read your explanation and perhaps not even understand it.

It is obvious that while I consider the implications of what the CEO says, I also try to evaluate how the Market as a whole, especially potential share buyers, are going to react to what they are being told. You seem to look at only what it means to you. That is your right, but it is short-sighted IMO.

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