Not saying that. Just in the ST the market can get a little ahead of itself. This is why sometimes stocks go up for no apparent reason and get sold off when the news arrives. If the anticipation buying/price at the time doesn't meet with reality or better of the announcement, then down she goes.
Technically it would be better if NWE fills that gap at 3.3c and tests that breakout level of 3c.
I sold a chunk at 4c and am looking to get those back. If not, so be it. I have a good core holding and a chunk i trade with. If i thought it was all downside, I'd be selling the lot. I'm just not up for the dollarfiddy parties. Hope it does for everyone, but I'll be gone well before that.
NWE Price at posting:
3.6¢ Sentiment: None Disclosure: Held