I still think PWE is a strong buy. It may be running after they announce the Covenant relief
I don't think you should blame them on this one. Press release takes money. You don't have to assume the worst. You can just email them and get some feedback.
Are you reading the InvestorVillage PWE private board? It seems like Nawar disappeared.
How do you know Nawar is doing fine? Somebody thought he bailed...LOL