NWE 0.00% 5.6¢ norwest energy nl

gods broker, page-10

  1. 2,057 Posts.
    Likewise.

    No need to panic - everything on my watchlist is red today and nearly all are down 10% +/-.

    It's June 30th - and people are just realizing a loss so they can claim it.

    If my entire watchlist was green and poor old NWE was coping the hiding it is today - then rightly so - the sky is falling and sell sell sell!

    I do think management need to start being less picky given the approaching deadline, however they also need to keep our interests at heart too and not sell the farm for next to nothing.

    The only problem is I'm sure any party they're in talks with realize that they have management over a barrell right now and the longer they draw out these talks, the more desperate the situation becomes for NWE management.

    I still think it's a buy - but only if you can afford to lose whatever you put on it. Its a micro cap spec after all.
 
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