With directors buying and converting options as they are I think it's pretty clear we are heading higher from here. 25c was an artificial barrier set up by wrongly priced options and all the games which were played around it. I sencerely hope some people lost a lot of money with WCUO and that would be a proper punishment for them for holding this stock down for so long. Now, from tomorrow, I think the way up is cleared. I'm holding whaterever I bought at 25.5c and not selling it at least untill it lists on TSX, and possibly even longer. I reckon, with production going as well as it seems WCU is going much higher very soon. Directors buying and converting oppies is a very compelling factor imo.
WCU Price at posting:
25.5¢ Sentiment: Buy Disclosure: Held