Not sure why the US has a holiday for Labor. Is it for the workers
who provide the labor or the women who had to go through labor to
have children? Either way, does not make a lot of sense to have a
holiday for either reason. Anyhow, I hope everyone has a relaxing
Labor Weekend and then come back to the realization that the Senate
will be back in session very shortly. Labor Day also marks the end
of the summer vacation season, so the stock market should be in full
swing the next few months (until Thanksgiving, Christmas slow
season). Maybe a few smart buyers will see the
oil" and
realize that now we are at bargain prices. The only problem will be
if the institutions will not get involved with the DOJ over our heads
As far as WG vs. ERHE goes, I feel WRHE will reach $5 before WG even
will a dollar plus handicap. But both companies continue to be
diamonds in the rough and yet to be discovered by the mainstream
investment community. When they are discovered, then and only then
will they reach $5. For ERHE that should be in 2007 while WG may
take a little longer with the legislation black cloud looming till
at least Jan 07. However when WG reports full year (2006) earnings
next Apr or May (or June) the shareprice should get back to at least
$3.
All of these thoughts are open for discussion, or you can just sit
back a have a few beers over Labor Day weekend.
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