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Bullboard - Stock Discussion Forum Wenzel Downhole Tools Ltd T.WZL

Energy Oil & Gas Equipment & Services

TSX:WZL - Post Discussion

Wenzel Downhole Tools Ltd > Earnings ??
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Post by ferret_ca on Mar 06, 2013 3:08pm

Earnings ??

so i sold out my position over the last couple of weeks with the last gone today. still like the company long term but want to see the next q and year end financials before reinvesting. am not expecting good numbers due to the drilling slow down and the downward pricing in the industry. I also phoned the company a couple of weeks ago and it was like pulling teeth to get any kind of info, to the point of outright avoidance imho. gave me a bad vibe so that helped me decide to bail. also have not seen any insider buying whatsoever. decent company with good products in a good area. if it drops on earnings report will buy back in for the long haul most likely, if not, lots of bargains out there in this industry and some pay nice dividends.

cheers and gl   ferret

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