Anyone on this? (WZR)

Discussion in 'Stocks & Derivatives' started by wrcmad, Jan 14, 2020.

  1. wrcmad

    wrcmad Well-Known Member Silver Stacker

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    Sold a substantial silver holding in Sep/Oct last year, and bunged half of it on this one at 12c. Now up 100% in 2 and a half months. Best silver investment I ever made (to switch out :p).
    Just released quarterly growth of 36%.

    wzr.jpg
     
  2. Bullion Baron

    Bullion Baron Well-Known Member Silver Stacker

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    A little surprising this is buoyant given the recent collapse of multiple peer-to-peer lending services..

    Looks like the volume started pumping around a month ago, any thoughts on why? Conveniently a few weeks before the current trading halt / cap raise :p

    Is this a chart play for you or do you see deeper value?
     
  3. wrcmad

    wrcmad Well-Known Member Silver Stacker

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    Got tipped to have a look based on fundamentals..... liked what I saw. Directors also buying up in Nov. Entered on a T/A signal.
    Thought I'd give it a punt based on recent/projected growth, with another quarterly report due in 3 months (just released). They beat targets and growth profile looking even better now.
    Current cap raising at 18.5c will hopefully set a floor price.... for me that would lock in 50% profit, with potential for much more.
     
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  4. silver kooka

    silver kooka Active Member

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    Just seen adds for them appearing on TV in the last week or so too.
     
  5. Slimey

    Slimey Well-Known Member

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    Wisr.....Hmmmmmm.....I have consistently invested in Dumbr....
    Maybe I should try this stock.
     
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  6. precious roar

    precious roar Active Member

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    Now down to 14c. Another potential buy once the dust settles.
     
  7. Bullion Baron

    Bullion Baron Well-Known Member Silver Stacker

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    Oof 11c. Not sure I've even seen silver drop 65% in <1 month. Good thing they raised a bunch of capital at higher prices.
     
  8. Eureka Moments

    Eureka Moments Well-Known Member Silver Stacker

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    I thought WZR was abbreviation of Wizzer and I was going to answer the thread title question with: "Between 20-40% of our population depending on which suburbs wastewater is tested."

    Sorry, it's actually WZR share 20-40% price fall depending on when you bought the stock. I might add meth prices have been pretty stable over the same period with predictions of upside in future markets due to its habit forming qualities. Please check your local jurisdiction for their definitions between trading and trafficking.:rolleyes:
     
  9. wrcmad

    wrcmad Well-Known Member Silver Stacker

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    Yeah, looks like there has been a lot of dumping lately all over the market. :p
    I took the CR and dumped at 30c hoping to get back in at 18.5c ..... bought back in today at much lower than that.
     
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  10. BlackSheep

    BlackSheep Active Member Silver Stacker

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    And you say Sheep are silly bastaaaaarrds :mad::p

    Although to be fair, you're being more of a cheeky bastaaaaarrd :D
     
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  11. Eureka Moments

    Eureka Moments Well-Known Member Silver Stacker

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    Might change my sig so no further upset is caused to sheep.

    How about..."Buy Silver because it has sooooooo much upside. Forget Gold its too overpriced." source: SS forum ad nauseum last 8 years
     
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  12. BlackSheep

    BlackSheep Active Member Silver Stacker

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    Still have my Gold Ear ring on thanks ;)

    apologies for off topic to OP, sometimes a sheep needs to stand up for himself :D

    Also Kudos for making the move, nice result!
     
  13. precious roar

    precious roar Active Member

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    Didn't think it was worth waiting for more panic-induced price drops?
     
  14. wrcmad

    wrcmad Well-Known Member Silver Stacker

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    Support at 10c, then 8c.
    11c good enough for me.
     
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  15. precious roar

    precious roar Active Member

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    ^^ Cheers.

    A few stocks I have been looking at bounced back a fair bit today. Still, reckon will only take some more doom and gloom for another dump but canny investors seem to already be buying good stock that has gone well below good value.
     

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