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Westaim Corp V.WED

Alternate Symbol(s):  WEDXF

The Westaim Corporation is a Canadian investment company specializing in providing long-term capital to businesses operating primarily within the global financial services industry. The Company invests, directly and indirectly, through acquisitions, joint ventures and other arrangements, with the objective of providing its shareholders with capital appreciation and real wealth preservation. Its strategy is to pursue investment opportunities with a focus towards the financial services industry and grow shareholder value over the long term. Its investments include significant interests in Arena and the Arena FINCOs. The Arena FINCOs are private companies which include specialty finance companies that primarily purchase fundamental-based, asset-oriented credit and other investments for their own account. Arena consists of two main business lines: Arena Investors and Arena Institutional Services (AIS). Arena Investors operates as an investment manager.


TSXV:WED - Post by User

Bullboard Posts
Comment by Jmarks7on Jun 16, 2005 2:20pm
533 Views
Post# 9169889

RE: GMP crosses again

RE: GMP crosses again"I guess what i really don't care for is that GMP were hired to "maximize shareholder value", does anyone feel they have your interest at heart? " Yup, I sure do. I occasionally watch the real time trading patterns and there is no doubt in my mind Wed would have slid near $3 again had GMP not pull up a wall at $3.20 GMP run out of shares ? What do you mean. They are buying and selling, net they have bought 130,000 shares this month. In my opinion GMP is holding the share price where the "boys" want it so that when the news of iFire starts to roll, the price per share will go up from the PP point of $3.4. In my opinion there is nothing but blue sky ahead ! The VERY bullish charts are just waiting for any decent news, to gap up. When the release comes out that the T.V.'s are rolling off the new assembly line she's going to pop. I just wish I hadn't sold a few thousand shares last week to buy a new Acura TL. Oh, well there are more shares laying in wait that are going to pay for the rest of the car John
Bullboard Posts