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Bullboard - Stock Discussion Forum East West Petroleum Corp V.EW

Alternate Symbol(s):  EWPMF

East West Petroleum Corp. is a Canada-based junior oil and gas company. The Company is engaged in the exploration, development and production from certain of its oil and gas properties. Its portfolio consists of interests in exploration concessions in New Zealand and Romania and producing properties in the Taranaki Basin, New Zealand. In New Zealand, it holds a 30% working interest in the... see more

TSXV:EW - Post Discussion

East West Petroleum Corp > Hedge fund tactics.
View:
Post by Steve12141214 on Mar 28, 2021 10:40pm

Hedge fund tactics.

This is what hedge funds do.  They'll bash a company or industry using social media, news, etc.  then they buy up all the cheap shares.  Average investor gets screwed by the big guys.  

the fact that we see this happening to EW right now is bullish in my eyes.  

also the Suez canal blockage, pipeline being shutdown and the explosion at an oil refinery in indoneasia.  This is all bullish for oil/gas and the shills trying to get you to sell your oil stocks are like a dead giveaway oils going up.  Wouldn't be surprised if wars start to erupt in the Middle East.  

maybe I'm wrong, but I think I'll buy more of Ew shares especially under cash value.

Comment by Vikingman on Mar 29, 2021 12:21am
Steve, I have a question. Is it possible that this person, "itneverends1", who joined Stockhouse on 3/26/2021 (a few days ago) is simply a moron on a mission, who is not working for a hedge fund, who spends his time and effort bashing EW, AXM, KUB, SSA SXL, PGOl and GLM, all over the past few days, simply for the fun of it? Seems likely to me!
Comment by RHertig on Mar 29, 2021 8:55am
 No matter the motives you hit on the key word. Moron. The only time I would consider following and talking about a stock I don't own is if I think there is a fraud going on and some of the investors are people who I talk exchange investment ideas with.     I don't mind some agrgument on valuation as it helps us all in our thinking. This is not that. It's trolling ...more  
Comment by RyanEU on Mar 29, 2021 10:21am
Agree. Troll posting from Mum's basement. Doesn't own a share.  Whole exercise is cry for human interaction. More we discuss him the more he will reappear.
Comment by Steve12141214 on Mar 31, 2021 6:56pm
Definitely!   I didn't mean to imply it was an actual hedge fund but meant to explain that when people like this start bashing an industry or stock they want the price low so they can buy it up.  hedgefunds or other investment firms or groups of people will hire people to go around bashing or pumping stocks to get the price moving in the direction they want.    jim ...more  
Comment by rossivan on Mar 31, 2021 7:01pm
Yep, in that context recent volumes make more sense now that something big is brewing