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East West Petroleum Corp V.EW

Alternate Symbol(s):  EWPMF

East West Petroleum Corp. is a Canadian exploration and production company. The Company is pursuing conventional exploration and development oil and gas opportunities around the globe. In Romania, the Company has exploration rights in two exploration concessions, including EX-7 and EX-8.


TSXV:EW - Post by User

Bullboard Posts
Comment by RyanEUon May 11, 2018 11:06pm
59 Views
Post# 28021568

RE:EW share price up, while EWPMF share price is down

RE:EW share price up, while EWPMF share price is downI think we're seeing people harvest losses to offset gains they've made on other stocks. Its not about the 750 they make. Its about the loss they can use to offset other gains.  These people gave up on EW a long time ago and are using its sale now for tax savings for the Netflix, Amazon, etc. stock they just sold for a profit.  They wouldn't even know about recent events in Romania becuase it doesn't matter to them. IMO this won't last much longer as there won't be too many more people in this position left.  Not saying that buy interest increases near term, just that sell pressure will reduce.
Bullboard Posts