I dont own nms, or am aligned to mtq. I have traded nms sucessfully for years. I was one of the first people 3 yrs ago to say, stop with the expansion, the aquisitions where hard to manage and it was time to sell the shares. I got an absolute pasteing. You had people posting with price prediction of the shares on the bottom. It was crazy times. There was a poster on here that lived in the NW of WA. He said both ships have been in port for 3 months. That sent alarms bells to me. Unfortunately the guy got moderated, and not everybody found out. If that wasnt a sell signal, i dont know what was.
I use to post yrs ago under a different name. Wonder if anybody remembers me. I use to use my mates account.
CL stuffed this company up because he wanted to be world wide instead local. The market just keep giving him the cash, if it suceeded, we wouldnt be here today, but it didnt. Time for everybody to move on, and let a experienced company takes over with financial clout. Something nms doesnt really have at the moment. There is no reason to keep holding, MTQ are the masters now
NMS Price at posting:
3.2¢ Sentiment: Sell Disclosure: Not Held