I usually do not pay too much attention to analysts reports, but he has nailed it with this one.
Full, indepth analysis and a good understanding of the industry and the macro environment.
He wrote this article on 7 Sept and has made his followers a lot of money.
Monday, may be a down day, but maybe not. The last 3 days of last week were very strong, with volumes increasing each day. There was very solid buying in the Friday closing auction, with 2.5m shares being sold (one buyer was in for a million) and the final price for the week being pushed up 8c in the auction.
That tells me we would be going higher again this week, leading into the quarterly, maybe slowed down just a little by the bad overall market conditions.
We may even breeze past the overall poor market, given the buying pressure and the very strong record quarter coming up. I agree with most posters that a share price of more than $15 is easily achievable in the very short term.
WHC Price at posting:
$10.96 Sentiment: Buy Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)