Well this is the straw that broke the camels back for me. I'm out completely today for a small profit. I can trade in a company that performs poorly at times if management are honest and upfront. I certainly can't trade in a company that should be making solid profits and have a poor, and i would even say, deceitful management team.
All the promises in the world and no delivery. It's always just one more quarter. There are better goldies on the market to trade. This stock might go to 3 dollars but at this point in time i can't see it. It's been one disappointment after another and management provide next to no clarification on the big issues, especially cash burn.
WGX Price at posting:
$2.28 Sentiment: Sell Disclosure: Not Held
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