I dont get all the nonsense talk about this stock. It's not hard...

I dont get all the nonsense talk about this stock. It's not hard to see that fundamentally this can easily be a 2 or 3 dollar stock. It one of my high conviction stocks.

If you even paid 1.15 for this stock i wouldn't be too concerned if this dropped back to the 90c if it's a long term hold. Is it a great entry? No. But the POG is expected to continue upwards. The forward looking 2020 PE is under 5 and guidance was re-affirmed in June.

The coup in Mali hasn't turned violent and talks are still ongoing. This is not a huge concern yet and it's business as usual.

I hold 10% of my portfolio in WAF with an average in the low 90s and am very confident in the long term return. Arguing over different strategies is moronic and clogs up the thread. Please can we all just add value to the chat with actual information.

Heres the weekly chart. A consolidation between the peak and the low 80s is possible. The daily is only just touching the 50ma and the 200ma is lagging well behind. Consolidations are excellent as they drive prices higher for a sustained period. Also notice the weekly has been overbought for weeks. Nothing to see here that is concerning at all IMO.

As always DYOR.