GREY:WFREF - Post by User
Comment by
PruneFaceon Apr 10, 2014 11:12am
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Post# 22435028
RE:this will take a while
RE:this will take a whileMy advisor just indicated he got about 1% of what he asked for and he's no noobie. Says the issue was about 60 times over-subscribed. He's advising to go into the market and buy here while those who got shares on the PP are selling at the higher levels to pay for them. Figures it will close in the $5.60 range. I'm going to wait for a further pullback. I think the O&G sector is over-cooked right now and entering the shoulder season. After everyone gets their fill it may pull back. If not, I have my core position. Good Luck.