OTCPK:WSRLF - Post by User
Comment by
TangoPrinceon Nov 22, 2013 1:37pm
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Post# 21932412
RE:Why Chandler was eager to liquidate?
RE:Why Chandler was eager to liquidate?
cf, I don't see why Chandler, who must have billions to invest, would need to sell his entire position in one stock in order to buy another. Does he not have enough capital to hold both at once? And further, why would a knowlegeable investor, particularly one who can undoubtedly afford to hire multiple analysts or purchase inside information from undercover observers, sell his entire postion for a significant loss if he really believed he could achieve even a 25% or 50% gain in the near future? It seems to me is that, based on whatever information or analysis he has, either the political or drilling risk at WZR is too high for him to stomach at this point. Even if he turns out to be incorrect, I would certainly like to know what his reasoning is. Would appreciate your comments. Thanks.