Media Watch - NVX related, page-8045

That would be great for many of the bag holders. I wouldn't mind it at all. Although it would be little consolation for those who bought in at $8 or $10 or $12. They would need much bigger gains. I'd be happy if the SP reached those heights and people could get out of this trap, but I have my doubts that it will reach $5, let alone higher levels. But then again, who knows!? Market melt-ups do happen, just like we saw it happening late-2021. Heck, even what we saw today/yesterday was a mini melt-up. The unfortunate part of it is that melt-ups have nothing to do with _fundamentals_ and they are _always_ followed by melt-downs, which are often a few magnitudes stronger than the upward force.

Ultimately, my PT for NVX remains below $1, unless, as I've always said, there is a real fundamental shift in this company. I haven't seen a fundamental shift yet and it is really hard to see firm evidence of it right now either.