Q: Good afternoon.
I hold a +/-2% position of Westshore in a RIFF. It trades cyclically and generally in a range $20-$30, which I occasionally trade around. It seemed headed to the $30 range since the start of this year, until today when it dropped over 5% on much larger than normal volume.
Do you have any insight into what this was a result of? It happens unpredictably and infrequently.
Thanks,
Dave
I hold a +/-2% position of Westshore in a RIFF. It trades cyclically and generally in a range $20-$30, which I occasionally trade around. It seemed headed to the $30 range since the start of this year, until today when it dropped over 5% on much larger than normal volume.
Do you have any insight into what this was a result of? It happens unpredictably and infrequently.
Thanks,
Dave
5i Research Answer:
WTE filed its Q2 financials on Aug 05. Results were largely in line with estimates. With the...