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Gold/Mining/Energy : Westfort Energy Ltd. (WT-T) -- Ignore unavailable to you. Want to Upgrade?


To: AL Berta who wrote (783)7/16/1998 8:57:00 AM
From: Biff  Respond to of 1288
 
WT will not hit 1.20. The lowest it will get is probably 1.60, and than bounce up again. I agree wt in the near term could hit 4.50, however, within a year 7-10 dollars is possible.

Trading the stock works for may people. I personally have traded wt buying below 2 and selling at 2.50, but I always increase my holdings, and never dump all my shares. Once the results are released, hold your shares, start feeding the market at $4, and $5 dollars, and let the rest ride to 7-10 dollars. WT is very volatile. I suggest people who cannot stomach the wild ride should bail out. I love a good ride.

Biff



To: AL Berta who wrote (783)7/16/1998 4:50:00 PM
From: John Walker  Respond to of 1288
 
Hah! AL that's humorous, "Pay no attention to Cathy ... "

You remind me of the Wizard admonishing Dorothy and the Tin-Man, "pay no attention to that man behind the curtain ...".

AL, down almost $0.60 from the June 30th close ... that's more than 25%! Ooooohh, that's gotta hurt ... unless, of course, one is on the short side of the market :)

So what's the scoop AL -- are you a wizard? Practising a bit of sleight-of-hand perhaps?

Best Regards,
"Cathy"