because there are a lot of people holding a lot of shares that have to or want to sell them b 4 NCP is reincorporated in the US. How many people trade AUS listed stocks only? More than I thought by the looks of the last couple of weeks. I reckon it will bounce around the 10.85/11.20 level for a couple more weeks then start to move upwards towards 11.40 and 11.80. At some stage NCP will be revalued higher due to its fundamentals but I think there wil be a lot more selling to come b 4 that happens - should be b 4 it moves to the US but probably not b 4 their shareholder meeting. My opinion only. I am long NCP and have a stop loss at below $10.80 close. cheers all
- Forums
- ASX - General
- careful if you're short. attn gse
careful if you're short. attn gse, page-6
-
-
- There are more pages in this discussion • 15 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)