exactly right roguetrader.
someone was in accumulation mode of WHE right up to $4 when the market got the shakes. absolutely nothing has changed for WHE, and when the dust settles im confident it will move back to where it was, and above. still vastly undervalued for what it has got!
i do think the market needed this correction though, similar to february. IMHO it's healthy. WHE was sold down then from $1.895 (close 27/2) to $1.50 (close 5/3). that was just over a 20% decline.
what have we seen here, from $3.94 (close 25/7) to $3.06 (close today 2/8). that's a 22% decline. looks pretty similar to me. whether we'll see it go lower, only time will tell. i hope not, but if it does, it wont stress me too much, the longterm story of WHE is just THAT good.
be thankful you're not a lemming because they're is every chance they'll miss out when this moves upwards again. i expect WHE to be $5+ by next March/April anyway. but that's just me....
exactly right roguetrader.someone was in accumulation mode of...
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