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Bullboard - Stock Discussion Forum WestFire Energy Ltd T.WFE

TSX:WFE - Post Discussion

WestFire Energy Ltd > 33,000 shares one trade ! hello $5 soon??
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Post by bluemoon63 on Jul 30, 2012 12:51pm

33,000 shares one trade ! hello $5 soon??

print 5 cents over previous trade. Someone wants this?!, eh?   $5 today ?

 

Hey, can1 do you think this is fundamentals driven?, as many of the Can O&G are rising, even my dog Pengrowth is up.

Or are we looking at something specific to WFE? The Q2 is due out in two weeks, so either a great operating report, or perhaps other?   You are right a 50% is no big deal now. Maybe $7.50 to $8.50 on its own merits by year end.

 

GLTA

 

we are finally catching a break, WFE management and employees are to be complimented.

Comment by bankerboy28 on Jul 30, 2012 12:58pm
Macquarie Capital again with block trade...they were also buying last week July 22 and 23...they offer advisory and capital raising services to clients in public mergers and acquisiitions....oil sector is down a ittle today but we are up again...positive signs...nice to see...BB28
Comment by can1 on Jul 30, 2012 1:13pm
This is both fundamentals and positioning. It was a greatly underpriced stock when oil was flying high. It never traded as high as its peers. So technically, if we get back to $5.00-5.50 we are inline with other companies who were hit. If you add in the new wells,fracking success and buy out potential. We should get back to $6.50 by september.  Management did go to asia for meetings earlier ...more  
Comment by habsfank on Jul 30, 2012 4:39pm
Not to be a pessimist, but I wouldn't expect any news release anytime soon with regards to a sale. Reason being due to the recent price run up, any 'good' news of a such would/should immediately trigger an insider trading investigation. As much as I feel the OSC is asleep at the wheel, I can't see how they'd miss a 20% run up just prior to any news release. That ...more  
Comment by bluemoon63 on Jul 30, 2012 4:58pm
not really, WFE is just back to where it should be $5-$5.50 I have several oils up 10-25% % for no reason per se. The whole Canadian Oil Gas complex is up 13%, and metals as well. General run up in resource stocks. WFE management is so honest and tight lipped with an abundance of integrity to even breech one tiny insider trade, imo. Natural gas is up 70% in 3 mos. so OSC would have to investigate ...more  
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