some comments to the ndo buyers, page-6

bluedemone,

You have provided good points, but unfortunately they are valid in rising market conditions and for the POO too. With the current market conditions and the POO chart, there is a possibility that NDO will be trading at ~10c levels. A 30c consolidation stage was an example, if NDO will consolidate at 10c then I will buy at 10c. I know usually people accumulating stocks in rising market conditions. I used this strategy buying NDO at mid 20’s, mid 30’s even in low 50’s and before the stock reached maximum I was in the winning positions for all parcels bought, what is definitely not applied for your case, I am 100% sure.

Here is a very simple example, a very good stock such as MGX having very good fundamentals has dropped by almost 8 times in a less than 3 months. I am not going to discuss the reasons for a so sharp fall, but this shows that with the current market conditions everything is possible and nobody knows what is cheap today or tomorrow.

And finally my last point, it is really does not matter whether you are investor or trader, the main purpose to be in the market is to make money. Also it is not a very good idea based on your comments to put all money in a single basket.

Hope this helps.