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Registered User Joined: 12/7/2004 Posts: 393
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For a fundamental bargin check out NSR. Plan on holding for a few months.
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Registered User Joined: 12/7/2004 Posts: 393
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NSR up 10% this morning on heavy volume.
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Registered User Joined: 12/7/2004 Posts: 393
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According to a CNBC comment, "everybody has become a technical trader." A contrarian view might be to start looking at fundamentals to pick out your future new buys as this market goes thru its bottoming process.
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Registered User Joined: 10/7/2004 Posts: 2,126
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So CNBC said tha ah! You know if I stop 100 folks on the street and ask then just a simple question as
Do you know what a trading plataform is? May be 3% of them know what I mean. The rest have no clue.
That is anywhere. Most folks know nothing about trading, technical analysis, or fundamental.
I wonder what those clowns down in CNBC are up to with such a statement?
May be they just want folks to look a fundamentals? Not a good think for the street at this point.
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Registered User Joined: 12/7/2004 Posts: 393
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NSR closed today up over 12%, with 2.5X 10 day avg volume.
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Registered User Joined: 12/7/2004 Posts: 393
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This morning markets are in the red, NSR is in the green.
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Registered User Joined: 12/7/2004 Posts: 393
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NSR up 20.4% in 11 days, using fundamental analysis to buy. However a sell point will use technicals.
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Registered User Joined: 12/6/2004 Posts: 48
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Nice call laphill. That's good work recognizing that the panic selling created a fleeting opportunity for a bargain. I do think your sell signal will come very soon... looks like a bounce on moderate volume.
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Registered User Joined: 12/7/2004 Posts: 393
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NOAB, I believe you're right. Mr. market could force my hand any time.
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Registered User Joined: 12/7/2004 Posts: 393
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Sold NSR. Averaged out at $26.14.
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