Fidelity Investments in WRN ....Hi Guys:
Let me repeat myself a bit to help calm things down! Fidelity now owns about 17 million shares. Last quarter, they sold off a few 100 thousdand shares to make their quarter look good, but now thay have re-purchased those shares and are back to 17.1 million total again.
My Fidelity broker tells me that there is no way that the Fidelity mutual fund team would spend over $30 million without conducting a personal visit(s) to the Board and/or Yukon site. I have to think they know something about the potential of WRN and its sale price, but I might be wrong. Let's hope we get some good news soon (like Dale said)!
Hang in their a bit longer......it will be more than $6/share (you heard it from Pappy)!!