Q: Hi,
I'm trying to figure out why WSP's price seems to keep taking larger than expected dips after having good earnings, a long list of projects and is what appears to be a fundamentally sound company. Since the large sale back in April, it hasn't seemed to have regained solid footing from a technical aspect, and the momentum is slowing, leaving me to wonder if it is time to lock in what are fairly substantial profits? This is when I question whether or not a company's fundamentals have much effect when 'Wall St' loses interest in an equity.
Dawn
I'm trying to figure out why WSP's price seems to keep taking larger than expected dips after having good earnings, a long list of projects and is what appears to be a fundamentally sound company. Since the large sale back in April, it hasn't seemed to have regained solid footing from a technical aspect, and the momentum is slowing, leaving me to wonder if it is time to lock in what are fairly substantial profits? This is when I question whether or not a company's fundamentals have much effect when 'Wall St' loses interest in an equity.
Dawn