I have bought more in the low 27.40s just a little more, remember this is a falling knife.....but a falling knife that has fallen big time. I can see and be happy to buy even more at low 26s and hope some traders panic and sell tomorrow at low 26s After that hope I will have a chance in the low 25s this is a dangerous strategy but for me I have been doing that for years so it can be done. NCM is a dog but all stocks are dogs till they make you profits....no emotion no falling in love...if NCM fall alot more there could be a, just may be a take over.
I believe anything is possible and open to anything that may happen and try not to enforce my limited thinking to how stock should do as NCM can and will do anything.
It can go down to 17 it can rebound to 36....IN TIME all this may happen but the probability is bigger for them to go towards 30s than 17....that is all I as trader can do taking carculated risk and have balls to pull the triger. No need to go crazy just accumulation....this strategy is ONLY FOR ME and no one else....so this opinion means ZERO...NOTHING.....
Cheers,
NCM Price at posting:
$27.60 Sentiment: Buy Disclosure: Held