There seems to be a beginning of change in sentiment in the overall market. Buyers seem to be beginning to buy established stocks and therefore push the indices. Eventually the price of these stocks will reach a peak and we will see a shift in sentiment into more risky companies. NWE in my opinion will benefit significantly from this change in sentiment as I still believe that the results from the analysis of the A2 well will be outstanding. This will, together with the growing education and acceptance of Shale Oil and Gas within the investment community, result in a re-rating of NWE.
NWE Price at posting:
4.7¢ Sentiment: Buy Disclosure: Held