re: Ann: Quarterly Activities and Cashflow Re...
I held Felix stock in 2008 when it hit $22.30 having come up 6,300% from its equivalent low of 35c in 2003. I was still holding in 2009 when it hit $4.80 and later was taken out at $18.05 - I also remember that it was 'dig it out coal miners' like Flannery and Duncan that got us there.
This is a super cyclical industry that booms to make us very rich and then dives into the abyss.
This time I'm doing as last time and buying at the bottom. My 5 year guess sees White Energy at $6.00, yep a guess, it takes a hell of a lot of guts to buy now.
WEC Price at posting:
23.0¢ Sentiment: ST Buy Disclosure: Held