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Bullboard - Stock Discussion Forum WestFire Energy Ltd T.WFE

TSX:WFE - Post Discussion

WestFire Energy Ltd > Mr. Anonymous was doing some trading
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Post by bankerboy28 on Jul 17, 2012 10:50pm

Mr. Anonymous was doing some trading

today in the last 25 minutes...some larger lots 3500/1000/700 sold and Mr. Anonymous was also buying in small lots of 100 or so right up to closing trade to finish high at $4.42 on a  100 shares....someone is trying to walk the price up....any comments why???....we should all know fairly soon as the August 10 date for quarter results is coming up fast...if there is a takeover they probably would announce before that date...if not I would think its a very good quarter report and stop alternatives process and announce a dividend...BB28
Comment by can1 on Jul 18, 2012 12:45am
I want to see us string together a couple of positive days with decent volume 50,000+ shares  If we see strong bids supporting the stock at 4.40+ I'll be happy. That also might indicate a support level of the stock before earnings or announcement. Than a run up or buyout would be nice
Comment by bluemoon63 on Jul 18, 2012 12:41pm
Any guess on a target price from you gurus out there by Year End? Or a range?   Twice in the past two years or so it ran up 100% in 6mos-8mos.>> $4 range to $8 range 3rd time a charm or not?
Comment by can1 on Jul 18, 2012 12:58pm
 Westfire will either be sold at 8.00+ or it will be a 8.00+ stock by next spring. Given its reserves,management,hot frac and land position, its poised to be 8.00.  The large shareholders won't tolerate a languishing share price. We just need the u.s. to stay out of a recession, europe to get its act together and china to get its economy balanced.  A tall order.  Oil needs ...more  
Comment by habsfank on Jul 18, 2012 1:40pm
PWT has been bleeding for months off it's highs. Whatever cash reserves they have will be used to keep their current divy afloat and shareholders hands from weakening further. I would be surprised if PWT would be working a deal at this point.  
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