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Re: shub post# 3160

Thursday, 12/01/2016 2:18:27 PM

Thursday, December 01, 2016 2:18:27 PM

Post# of 6331
THERE IS A FLAW IN THIS LOGIC.

The drop in oil prices did NOT cause WPRT's share price to go down.

If this were the case, then since oil prices have risen 100% from their lows...ergo so... WPRT's share price should also be up 100%.

Something else is working against WPRT's share price...MANAGEMENT.

And if this were a great company, I would be LONG, but instead, I have been playing the short side since the $30's; based not on oil price moves, but rather on the lack of management or board effectiveness.
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