Can one say u are bearish re WES on HC these days? I hope all opinions are welcomed and discource is civil.
Readers know i have shorted WES a couple of times in the past was lucky enough to make profits. That was when the stk was around the $26.50 mark in August.
Have not held/traded since then, while watching the WES SP climb and climb during the past 2 months. I thought it wouldn't break $30 and when it it hit 31.10 i opened a short position. Missed the break thru $32 but opened another short at $31.94.
I don't follow WES very closely but have read through several forecasts and analsis... and can only reach one conclusion: 'The downside is far greater than the upside'.
Holders of WES these past 9 months have done exceptionally well. But ask yrself: Do the fundamentals justify a SP in the $31.50-$32 range?
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Last
$71.60 |
Change
-2.120(2.88%) |
Mkt cap ! $81.20B |
Open | High | Low | Value | Volume |
$72.34 | $72.88 | $71.25 | $111.3M | 1.551M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 15 | $71.59 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$71.60 | 4371 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 70 | 71.110 |
1 | 250 | 71.050 |
4 | 920 | 71.000 |
1 | 10 | 70.900 |
1 | 310 | 70.710 |
Price($) | Vol. | No. |
---|---|---|
71.990 | 38 | 1 |
72.100 | 12 | 1 |
72.500 | 427 | 3 |
73.000 | 2446 | 5 |
73.030 | 69 | 1 |
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