If everyone was a hardcore professional...then we would not have a "market"...we need a spectrum of players, punters, traders, daytraders, novices, mums and dads, dummies, gamblers, wimps, testosterone junkies and those with the more feminine touch...this makes a "market"...this makes it exciting, challenging, dangerous, rewarding and controversial!!!
Hot Copper is a great melting pot of ideas, information, and common interests!!!
Yes...i agree...speculation regarding the release of a report..."Tuesday"..."Thursday" is the lowest form of posting.
But...WHN so far has been driven by essentially speculation only...the the arguement goes...if Robert Healey buys 7% of the company (and he is no dummy) then it must be a good thing!!!Hardcore "oil and gas" analysts and people in the industry and "in the know" also have an opinion of where this one might go!!!
But what of your average "Joe Bloggs" whose hard earned $5000 to maybe $30000 is at risk...they got in because of the "hype"...and understandably, they now want "proof"...they now want a professional analysis confirming their "gamble" actually is NOT a gamble... because they have proof in "black and white"...they have the ISIS report!!! This why it is greatly anticipated!!!
The problem for the average Joe Bloggs...is that if he waits till everything is 100% confirmed they are never going to make that ultimate 10bagger that other punters boast and bragg about!?!
In the future...if WHN is now drilling with farm-in partners in place...20c would be considered cheap...at this point in time it is now safe to buy in...but you've missed the 10bagger...that was only available when it was 2c and at that time "there was no proof!!!"
I can see both points of view!!!
Lets not discriminate...lets help each other...after all we are all in the same boat/bus/train/jet/rocket!!!
This is now too big for one ramper to influence the share price to make a quick profit!
The new WHN management have been impeccable regarding carring out their plan and keeping themselves informed regarding the "pulse" and "vibes" of the shareholders (you don't think they read hot copper from time to time??)
They WILL deliver the goods...no point in speculating about it!
The minor "ups and downs" over the last week IMO are all manipulations by traders...why do they do it??...because they see WHN as a VERY SAFE TRADING STOCK...very little downside...only upside!! Get in at 3.7c...get out at 3.8c or maybe 3.9c (on 1,000,000 shares at 3.7c...you are making $1,000 to $2,000 with every "in and out")...then repeat the same again and again...if it runs whilst they are "in" well that is a bonus.
These guys aren't stupid...if they got in at 3.7c and they thought that it could collapse to 3c later on in the day...they would most definitely be trading somewhere else!!!
Good Luck Cheers
QFY Price at posting:
3.7¢ Sentiment: Buy Disclosure: Held
