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acturtle -Feed for Today , page-2

  1. 3,800 Posts.
    NWE best buy.
    Buy when the majority are selling and sell when the majority are buying

    NWE is not a "falling knife" if you understand why price moves are occurring and what the future price action will be.

    What you saw yesterday was a short term reaction to the morangie result. There will not be a sustained fall in NWE price.

    The bigger picture is that in two months NWE will be drilling Cliffhead and in the lead up its price is likely to get over 10 cents. The probability of the price being higher in 2 months time than today would be greater than 90%. Not bad considering that it represents a >20% gain. See - low risk profits are the name of the game.

    Sorry I do not know your trading habits, in particular how long you like to hold a stock and when you are prepared to sell, etc. Threefore cannot recommend if NWE today is a stock for you.

    acturtle

 
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