OT: We sure miss the good old days of when WATG had nice percentage moves, and usually upward on it's way to the $15.00+ level, given it's strong fundamentals. A combination of unexpected forces we've talked about already have temporarily stalled our upward movement, imo.
In the meantime, for those itching for some leveraged action, given the continued upward move in oil, take a look at a penny start up, TECO, (Treaty Petroleum).
The appealing aspects for me, is their purchase of thousands of acres with abandoned, but once producing wells, which they are now actually starting to produce profitable oil from. And more acquisitions in the pipeline. Leverage and a sound business plan are the name of the game here, imo, while WATG sleeps awhile.
