Wednesday, June 17, 2009

CLL And Pescod View Of The Future


IE.to is worth looking at since WZR is currently getting hammered by insiders dumping 400k shares

WZR-T This is not good, Thomas Weisel is the biggest seller
today after accumulating 2 million Shares in the last 35 days.
123,000 net sold shares so far



I have sold off WZR and moved into IE
When Trades Go Wrong Cut Losses

Shares sell at same money, and IE is


A: The petroleum and distiller of heavy oil is in discussions on several fronts with strategic, technology and/or capital partners. These might include refiners seeking the utility of Ivanhoe’s Texas facility for upgrading their own heavy oil into acceptable API-grade “clean” diesels and other fuels. CEO and Ivanhoe Capital Chairman Robert M. Friedland, a deep-pockets supporter of untapped hydro-carbon resources, tells me today (Friday),

“Our team is very deeply involved in highly confidential business discussions at the San Antonio facility under (technology chief Mike A. Silverman’s) direction, which is placing a huge demand on his time.”

Mr. Friedland says investors at present can peruse the Ivanhoe Energy cyber site for current research and a potent video in four languages, including Chinese and Arabic. (Ivanhoe Energy shares are now an Instant Value selection for Ticker Trax subscribers.)











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