Hmph.... the punches keep coming, but... whilst I am bloody disappointed, the reality is... there was no way WGX was going to make guidance, so... better to get it out there, though I think last week in the quarterly call, would have been the best time to do it.
The whole board need a real wake up call, I have given them a crap tonne of chances to be more conservative, to be more realistic, but...
Sigh... is this the lows... depends on the general market moves. WGX is likely to take a bigger beating if markets roll over. Is it cheap... sure, is it profitable right now, harder to know. It bloody well should be though.
For a change, I had a tiny bit of luck and pruned my position last week, as I really did not like the quarterly call. Still feeling the sting of underperformance from WGX on the portfolio, so much opportunity cost.
Maybe the spot price will keep saving their asses....
I am one frustrated holder.
WGX Price at posting:
$2.26 Sentiment: Hold Disclosure: Held
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