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Bullboard - Stock Discussion Forum Wavefront Technology Solutions Inc V.WEE.H

Alternate Symbol(s):  WFTSF

Wavefront Technology Solutions Inc. is engaged in the advancement of dynamic fluid injection technology for oil and gas well stimulation and improved/enhanced oil (IOR/EOR) recovery. Through its Powerwave technology, it provides the oil and gas industry to place fluids into the reservoir. The dynamic action of Powerwave’s fluid pulses diverts injected fluids away from established flow paths... see more

TSXV:WEE.H - Post Discussion

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Post by Pwr4ward on Oct 15, 2021 8:23am

Indicators

While I appreciate different points of view, I also appreciate when facts back up claims, there are people who will make claims but can't back them up. Like having newer accounts while claiming to have been around for a long time. Multiple accounts are what someone who is trying to manipulate the stock would possess. I have owned this stock for ten years also and this is my only account during that time and you can see when I became a member here. The last time this stock was at $5 it got there without a single news release. The recent news and buying from shareholders particularly ones who own millions of shares is enough to put this stock in the 5 to 10 dollar range. Again the unwritten rule of speculating in the market is buy on the rumor as to get in before everyone else hears about the stock so that when it begins being reported broadly you would have secured your position and reap the benefit of a large move upward in price, we are exactly at that point now. GLTA!
Comment by gojotv! on Oct 15, 2021 11:41am
If it's true you've been around for ten years, Pwr4ward, you'll remember that this was a completely different company then, with an entirely different, EOR focussed business plan. The reason this stock is so screamingly low-priced is management's utter failure to show black ink. I believe that we've only ever seen one quarter of profits in all that time. I've long said that ...more  
Comment by Pwr4ward on Oct 15, 2021 12:11pm
I believe you make good points to the old investors that have been around for years but the new investors will follow the indicators I was referring to, and believe there are more new investors than is believed by the older investors ( older is to mean those who have been around for ten or more years like yourself myself sif hollers and bear mountains of the world
Comment by davewho on Oct 15, 2021 1:03pm
I remember those guys as well. Think I've been here about 15 years. Those were some great spikes in the SP back then. Hoping WEE can do it again. Burger obviously seems to think so.
Comment by davewho on Oct 15, 2021 1:13pm
speaking of Burger I just checked Sedi and he was still buying yesterday. Up to almost 14m shares in his main account.
Comment by 32wick on Oct 15, 2021 2:03pm
Would be interesting to see what percentage of the shares purchased over this last few weeks was Burger...last time I checked Sedi, he had purchased over a million in the past little while...
Comment by davewho on Oct 15, 2021 2:37pm
TD shows 2.2M on the TSXv and 1.7M on the OTC since 06Oct. Could be much more on ATS. So quite a bit more than Burger has bought. Slow day today. OTC has more volume.
Comment by islandbrook on Oct 16, 2021 8:21pm
Correct davewho Burger bought i,043,761 shares and converted 371,259 warrants into shares at $0.20 each.In total he spent $381,258 Cdn. He now owns 13,907,,016 shares valued at $0.36 based on Friday's close worth $5.0 million Cdn.
Comment by gojotv! on Oct 17, 2021 1:17pm
Burger bought the bulk of his shares in the $0.10 range, so I'm not as impressed with this as you are. However, I am glad he converted warrants, since WEE will need seed money to make new tools, and our overpaid management isn't contributing to our cash flow.
Comment by Theintrepidcdn on Oct 18, 2021 4:40pm
gojotv! when I do the math based on figures provided by islandbrook,  Burger paid an average of about 29 cents per share for 671 thousand shares, definitely a sign of a believer!!
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