Looking forward to buy more when or if it goes down to mid 27s and will keep buying lower again. I will not put everything into this stock yet but there will be a time that this beast change direction.
I dont put too much attention to the brokers downgrades or upgrades or neutral....we traders make up our mind and none of us have the same attidute toward risk, capital etc etc.
Market in general are still going up...may not be for too much longer...profit taking will happen at some stage..the risk is getting bigger...risk management is paramount, we dont want to be in a position where we can pick stocks 5% 10% lower but no capital left.....happens to all of us...
I still like NCM but no need to go crazy at this stage but accumulate at lower price is no problem for me.
A little fear is always healthy.
Cheers,
NCM Price at posting:
$28.16 Sentiment: Hold Disclosure: Held
