Post by
Diamondboy123 on Apr 26, 2024 11:42am
Range bound
Wrn is range bound now. That portends a drop once the range is broken. Historically that is the occurrence. Check the tape.
Comment by
jclarke042 on Apr 26, 2024 11:48am
Let's wait & see what happens once the financing closes Tuesday.
Comment by
Pinegrove1 on Apr 26, 2024 12:45pm
Good volumes on TSX > 400k. Assuming it's not all DB, I see it is a good sign especially as SP is rising. IMHO.
Comment by
Pinegrove1 on Apr 26, 2024 1:22pm
Agreed. I wouldn't risk $2.00 for a potential profit of 1/2 to 1% Agreed, it's a good return for a day but it can go the other way just as easy. Funny we never hear about those days! I'd mess around with something more like NCX. Risk is about the same but with less investment and more upside, better return. To each his own however. I'm WRN long as well.
Comment by
Diamondboy123 on Apr 26, 2024 2:42pm
Pine when it goes the other way I'm a long just like you. And it will go the other way. It has for over 15 years. In fact it's really only about a buck a share right now if not less due to massive dilution since 2010 and 2011 when I first encountered this lumbering equity.
Comment by
Diamondboy123 on Apr 26, 2024 11:44pm
No oakie. I just buy on the Canadian side and flip it once it goes up. If it goes down I just added to my long position. I have only 10 k in shares being the 10 k I bought at 2.16 near the end of the day that I've obviously not sold.
Comment by
IvanRo on Apr 26, 2024 2:11pm
After today Clarke, I am excited for Tuesday :-)
Comment by
Sooner on Apr 26, 2024 3:49pm
i'd expect Eight Capital to issue a BUY recommendation very shortly after... and i'd expect others to initiate coverage as well as Sandeep using his connections to drum up other investors....much like we thought boy wonder Mike Vitton was supposed to do for us years ago. not sure exactly what that guy has done to be honest....