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Gold/Mining/Energy : Westrend Natural Gas - I.D.E. Hot Stock

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To: Leigh McBain who wrote (1400)6/4/1998 7:32:00 PM
From: flyeron  Read Replies (1) of 2011
 
Leigh
Just a theory.. The market in Canada went down drastically the day the selling started. Maybe someone who had a large margin had to get some cash and sold of WRN. Only cause it has happened to me in the past and I've needed the cash right away. If spec players see this it may cause a sort of panic selling thinking that the stock has a negative press release coming out. It appears that it has rebounded reasonably well. I think the long term holders of this stock are just being patient knowing the value of the stock is greatly undervalued and will rebound to value which is due it. Again just a theory.

Good Fortune to All
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