WEC 0.00% 4.9¢ white energy company limited

directors may have suspected tabang a no goer, page-26

  1. asf
    9,887 Posts.
    eucser said:

    "Very suspicious happenings. A director buys up big a few months ago. Bad news and...S/P now a third of what he paid.

    "Bads news could still be turned around from what I have read...and S/P rocketS back to original or close too. Guess who bought up big while they were down?

    "Just can't help not trusting companies and those in charge when things like this happen...sorry. Seen corruption to many time in big business...."
    ___________________

    That to me is the opposite of suspicious: a Director buys and the SP crashes- it shows they are only human. Suspicious *could* be if a Director bought and the SP rocketed by 2/3, but when it drops by 2/3, it means they are just a punter like everyone else. For the SP to rise back to where it was... erm... a miracle needed?

    Utterly tough, this share is right now. However, the falls are slowing,so that's a positive sign. Every "crash share" is more vulnerable, though, on deep red days.

    Can the company lower their prices for what they do? Bayan or any other company can't work with them if it is uneconomic to do so. I'd say WEC is going to have to be flexible with their negotiating at this point, and enter any negotiations as the underdog.

 
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