So the aggressive shorting last week was based on inside information.
Someone always knows something before someone.
Not happy with this announcement.
Management have disappointed and have boldly given 5 reasons why we should expect a shocking quarterly report. Not only this quarter but for the next 3-4 quarter in a row.
Only few insiders knew about the number 3 reason. I was wondering why they were selling asset left and right, now we know the reason. WGX has burned a lot of money since 2016 with no benefit to shareholders so far.
Another big example of Over promising and Under delivering.
Yet the market is a little kind towards WGX. Thank God.
Bots are trying to prop it up but may not last long.
For disclosure I sold majority of my holding at a very very small profit.
Just holding a small parcel now, won't lose my sleep over it.
Might buy back if it gets into $1.15-$1.30 range.
I think it is coming, if not now then perhaps after the quarterly.
It is not a level playing field.
WGX Price at posting:
$1.53 Sentiment: None Disclosure: Held
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