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Bullboard - Stock Discussion Forum WestFire Energy Ltd T.WFE

TSX:WFE - Post Discussion

WestFire Energy Ltd > ALERT-Fraser mackenzie cuts WestFire Energy price
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Post by poubelle1 on Nov 15, 2011 3:09pm

ALERT-Fraser mackenzie cuts WestFire Energy price

I guess this explains the price drop yesterday.... lol

Some upgrades would be nice

                    

15 Nov 2011 15:07


14 Nov 2011 09:48:21 BRIEF-RESEARCH ALERT-Fraser mackenzie cutsWestFire Energy price target




Nov 14 (Reuters) - WestFire Energy Ltd (WFE.TO): * Fraser mackenzie cutsWestFire Energy Ltd (WFE.TO) price target to C$9.00

from C$9.25







For a summary of rating and price target changes on U.S. companies: ReutersEikon users, click on [RCH/US] Reuters 3000Xtra users, double-click [RCH/US]Reuters Station users, click .1568



For a summary of rating and price target changes on Canadian companies:Reuters Eikon users, click on [RCH/CA] Reuters 3000Xtra users, double-click[RCH/CA] Reuters Station users, click .4899







Comment by kylerollwagen on Nov 15, 2011 6:04pm
im not sure what is more rediculous, the drop after great numbers or that the actual drop was 25 cents - lol
Comment by LoganCopper1 on Nov 15, 2011 6:04pm
Why bother with a .25/share cut??? Its basically a double from here, so based on the Sell Side target prices, its a screaming buy whether the target is $8.00, $9.00 or $9.25. I wonder where they lost .25/share of value on those results!Clowns as per normal, cut the T/P and everyone runs for the hills....look at the bigger picture people.
Comment by Klens75 on Nov 15, 2011 9:15pm
Why bother with a cut? Maybe it's because this PIG has dropped from $10 to $5.00 with oil being at $100 a barrel.
Comment by LoganCopper1 on Nov 15, 2011 10:06pm
....So why cut the target by a QUARTER?!? Sure WFE has lagged the oil recovery, but if you want to go shot for shot of mid-tier producers whose share prices havent recovered fully, Im up for it. BTW, I have quite a long list
Comment by dmacd on Nov 16, 2011 6:44pm
All the targets are well above the current price and the trading volumes are still low. The money flow momentum seems to be increasing slightly which is a good sign. There is a lot of room to move up, and the only way to accumulate shares is on the open markets in the near term. I wonder what would happen to the SP if someone tried to pick up a few million shares in short order ...more  
WestFire Energy Ltd