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Gold/Mining/Energy : Westrend Natural Gas - I.D.E. Hot Stock -- Ignore unavailable to you. Want to Upgrade?


To: B. Thomson who wrote (1294)3/30/1998 3:56:00 PM
From: Leigh McBain  Respond to of 2011
 
My understanding is that the company either has had, or will be getting additional coverage, (newsletters, reccommendations, etc.) very shortly. This may be part of what's going on. Also keep in mind that the end of last week was really just a slowdown from these types of levels and that slowdown occurred during the time frame that end-of-month has it's largest impact.

We may simply have investors stepping back up to the plate, to continue the upswing push we had been experiencing the last 2 weeks or so.

Now the question - What was fueling that in the first place?

I do not know for sure, but here are a couple of items that potentially were helping to drive things:

- speculation of the completion of the JV/Merger/Acquisition (whatever you want to call it)

- expectation of financials showing a profit, finally.

- there have been a few articles of late suggesting that oil will continue it's uptrend and that the service industry is the place to be, to take advantage of that.

Just some thoughts.

Salut,
Leigh McBain