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how do you short penny stocks?!

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21/03/18

22:42

Post #: 31933240
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Originally posted by jas626 ↑

STTCOMP WFE FA SHORT
SP 1.5 cents
MC 39 million fully diluted
cash 3 million after CR

Well what can I say about WFE, I can not remember the last time I seen a stock so overvalued before
just crazily overvalued atm. lets put this into some perspective shall we.

WFE currently only has a small cobalt project in Canada worth no more than 10 million that should be attributed to WFE MC.
that's it and they currently have a MC of almost 40 million with one little project lol.
compare it to TAR with a advanced project in the DRC and a lithium project there too, the DRC is where WFE are seeking a new project, TAR MC is only 24 million.

summary
WFE
- small cobalt project in canada
- on the search for another project in the DRC
- 3 million cash
- MC 39 million

TAR
- advanced cobalt project already in DRC
- lithium project in DRC
- 2 million cash
- MC 24 million

I expect over the next two weeks WFE SP will drop back to at least 1 cent if not I'm happy to eat humble pie.

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how do you short penny stocks?!

XAO Value at posting: 6,053.1
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