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WEX Inc. Message Board

  • georges10 georges10 May 2, 2002 12:13 PM Flag

    Hey lap

    I partially cracked under the pressure. I sold enough WEX at 2.15 to get my money out but I left the rest in, (not alot) If it does drop to a buck I am also goingto dive back in to get back up to my original shares but at a much lower average dollar cost

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    • Days of $1/shr. for WEX are over unless they really screw up. Higher revs. should ensure profits to support a much higher price. My bet - we see $7 before we see $1. At $7 they would sell for only about 1X expected revs. which is not unreasonable. Patience is a golden virtue. Question is how many have enough of it to stay for the full ride? Big question is at $7, how are you going to feel about the stock you sold at 2.15?

105.70-1.91(-1.77%)Oct 25 4:02 PMEDT