I had been loonnngg holding this stock until a few months ago. I was ecstatic when hit near $1 and was hoping it might take a lot more attention if it had broke the $1 wall, alas it did not... So I sold at 75cents knowing what's going to happen in the coming years. I'm sad I didn't sell it at 95cents but it's almost impossible to know where the hype will run out of gas. I'm still happy when I was out at 75 cents (my averaged buy price was 38cents). As an ex long-term holder, I can recognize the pattern with our beloved NEA. I think it will go down to 40cents and it will need a masssssive, major positive announcement to re-ignite the hype again... However I do still think that NEA is a solid company, with good growth thus I think it has a bright future unless it gets overtaken by a disruptive technology in the future... But from the viewpoint of the market sentiment, there is no way SP is going up this year. Back to 35-40cents...
NEA chart, page-423
-
-
- There are more pages in this discussion • 308 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)