Excellent post by yanksrule64, linc board
On yahoo finance,(whe.ax) the 1 year price target jumped to $0.60.
At it's current price of $0.02, someone obviously really likes the Linc deal. My guess on the PPS drop of Wildhorse that has occurred since the deal was announced is the big institutional share owners of Wildhorse are shaking the tree so they can accumulate as many Linc shares as possible before the deal is finalized.
As far as the article stating they are reiterating a Speculative Buy rating on the stock,I agree with that statement and may throw a few dollars at Wildhorse as they ride Linc's road to success, the share price of Wildhorse will rise in tandem. I see the possibility of a few dollars being made,after all, this was a $2.50 stock at one time so you just never know.
All penny stocks are speculative.
In fact, in my opinion, all stocks not making consistent earnings are speculative, Link meets both of those criteria.If your going to speculate,why not buy into a company that has almost 50% of their future tied into a company like Link Energy (which I am already heavily invested in by the way) which in my opinion , has a bright future.
All this being said, Wildhorse retains their Uranium prospects which I like also as I personally see Uranium having a bright future with China going crazy with the construction of nuclear facilities.(I have done well in uranium lately) I believe demand shall soon outpace supply as far as uranium is concerned adding strength to the Wildhorse speculative play.
If your going to buy a speculative stock in the first place, Wildhorse is not a bad play at the current price and environment.
Add to My Watchlist
What is My Watchlist?