But u r doing a good job yourself.But just keep in mind that NMR is going to do what the FUNDALMENTALS and the market dictate,not what the TECHNICAL analsysis dictates.I just note on here that many posters use TECHNICAL analysis for PREDICTION,rather then for TRADE MANAGEMENT purposes.I am currently PYRAMIDING into the stock at the appropriate time as I believe it is GROSSLY undervalued and as time goes on the true value will emerge.Not to say that position sizing,money management and stops are not in place though!
It's also interesting to note the ramping that this stock is enjoying at the moment from Hotcopper,but from anecdotal evidence I don't think the posters have any affect on the price of a company.We are just not big enough(the one exception may be Aksier,as when he promotes a faily illiquid stock it may move,but the price then becomes so erratic it is almost impossible to track it).
As for Timbo and martis,they are great fun,people I would love to have a beer with,but all in all,I think the stock will carry on upwards without them.
The other big hitter from Hotcopper on this stock is musashi,and as much as I enjoy his analysis,and judging from some other of his posts,the position sizing is fairly small.....not enough to make a difference in the pricing of NMR ,as looking at some of his other calls,you would not have enough liquidity to get in and out of a stock at a reasonable position size.
At any rate,it is early days yet,and at this stage,depending on your entry price,the returns have been good and all being well,should continue.
GOOD LUCK all holders and traders....
NMR Price at posting:
5.3¢ Sentiment: Hold Disclosure: Held
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