09:09 AM Eastern Daylight Time, 08/25/2010 (MidnightTrader) -- Shares of Penn West (PWE) are down in pre-market trading as the company was reportedly downgraded to Neutral from Outperform at Macquarie. The firm's price target on Penn West shares was unavailable
I do not understand why people do not see the value of PWE. I believe in about 1 year this will be up to around 28-30. With all the cash poured into PWE this year people should see it has great days ahead. It seems the Far East sees the value but not North America.