No communication, no PR.
So we are 6 days before bill's self proclaimed cc day.
Unfortunately WG management believes that announcing the quarterly 30 minutes before it takes place is beneficial to the market's perception if the company.
How wrong, how out-of-touch can a management team be? Last time they did this the company lost $200 million in value in 3 days. When you've got nothing but excuses the company is definely in trouble.
Or operational update this quarter. After making grand claims of prosperity at the last cc they have chosen, just like in the past, to say ZERO about operations, refuse to announce or update operations, and yet again refuse to give guidance. Not surprising, on Randy Harl's watch WG's largest contributor O&G never performs. Each quarter he announces that the company has identified the problem, while each quarter investors receive no updates while the company flounders and fails to produce. But the CFO was just given 1/5 of the entire company for FREE.
Insiders are NOT BUYING SHARES IN THE CO PA NY WITH THE I OWN MONEY. EVERYTHING IS FREE.
The stock is down 1.75% again this morning.
Do you own 125,000 shares WG like you told everyone a couple of eek ago?
In read to the Nigerians the original settlement called for large sizeable payments in 20th and 2016. Yes, WG owes it to the Nigerians or JPMORGAN Morgan.
Now, do you own 125, 000 shares of WG. Have you sold any shares?
WG is fully valued..........Hate to break it to you. I guess you missed the part where the CFO said the company would be issuing more debt or shares, and you convent side step this reality with your constant pump. Essentially WG has no way to recapitalization without issuing shares or debt........ . But since it is such a good buy at $12 Why aren't you or Blackrock adding at these levels. Why is volume declining each and every trading day?
Why is management giving 1% of the company to highly paid executives each year at ZERO cost for continual mediocrity and nob-performance?
"You look backwards, I look forward"..............yes bill, you are a true visionary.
A couple of weeks back you told everyone on this board that you own 125,000 of WG stock, and you hsven't sold any. Is this true?
Gee, that's $1.5 million, you must be a rich dude. I am impressed if it true. I once had 135,000, but had to sell when WG management forgot to exercise normal business protocol. It was if they were intentionally empowering the short side of the trade. Of course, as previously mentioned I took a small $600,000 profit.
Man, I hope this thing goes higher so I can sleep at night.
Causes all ships to rise. If the market aggregate loses 15% to 18% between now and September........Will WG also be affected.
BTW, I noticed you did not identify WG insiders that own 20% of the company. I believe you are mistaken.
Please enlighten us. TIA........
This after shuttering factories and previous layoffs in 2013. Curiosity be because usually sales wouletter be strong at this point in the recovery. Little Bill, some guy from Austin TX just offered be $50,000 more for a property (1052 Sq ft) that I just purchased 2 weeks ago (short sale). I think I will hold out for $75,000.
Have a nice day........
Reality, now there"s a concept.
So you are stating that WG insiders own 20% of the compMy. You know that just doesn't sound right. Since you have that info at your finger tips and have made what appears to be a patently false claim, perhaps you could identify the insiders and their numerical holdings.
You said insiders, not institutins.
Have a nice day. Please notice that the SELL strategy has worked yet again. Always on the open there is a 83% success rate when one sells WG common on the open.
With this investor relations insider trading scandal? Was Roth involved in this?
Sure would be nice if management would add some clarity. First the former CEO is let go, with talk about and rumors of possible US commercial violations. Now thid.
Does CT I ever do anything right?
The beauty of this strategy is that you do not ever have to worry about WG management making a positive PR release. Remember the hastily called cc wherein management showed up and banged a few chairs around for minutes, made their typical financial disclosutes.......my he stock lost $200 million in value.
A lot of easy money was made that day if one was in the know.
Just think, we are depending on little Billy t for our guidance. What has happened to the world?
And you sir continue to attempt to fool the reader about the valuation of WG and the intention of the company to issue new shares or take on new debt. WE'RE YOU LISTENING TO A DIFFERENT CC LAST QUAKER THAN THE REST OF US? Did you not hear the CFO state at the last cc that WG refilled it's shelf auto riding the issuance of 12 million new shares, or, issue more debt secutities. The CFO stated that the shelf had been renewed and the company was "prepared to take advantage of favorable capital market environment".
Bill, I guess in your fantasy world when the CFO says it it means nothing. Essentially WG has squandered all its cash, and that which remains has been borrowed. The only way for WG to recapitalization is to issue debt or new shares.
The entire deal is rigged and this is why the share price may go up.
Not fundamentals............but yet another Wall Street massage.
Delivering a load of sand to a fracking operatjon.
Right along the highways I have been seeing large coal shipments heading south.
Reminds me of 2006 &2007.
Who knows, maybe little Bill is right and Spanspur should capitalize on the naivete
Of investors like william.
Little Bill.........the difference between Foster Wheeler, and with almost every company in the oil & gas sector, is that Foster Wheeler makes a real PROFIT. WG on the hand never makes money, is heavily in debt, and is widely recognized in the industry as the most poorly run bloated operation of all time. The company exists to create ZERO CO ST OPTIONS for management. Look at the CFO he just received almost $1 million for continued medocrity.
BTW, a PE of 34 is bubble terriority. FOIA, Have a nice day...........
After the stock gets hammered and retreats 12% from its recent highs, the original WG booster somehow connects today's 3% rise to a mythical Canadian pipeline deal.
Unfortunately, William's analysis fails to mention the incredible falloff, and anemic daily volume.
A whopping 68 K shares have traded.
Why worry about valuation/gasp profitability?
A balance sheet with nothing in it that requires constant borrowing just to stay in business WG stands out as the most poorly run O&God construction company in the industry........
.And for some reason money continues to leave the stock when the rest of the construction industry is booming. Must be WG's history of non-performance.