break out soon

I am normally loathe to making outlandish statements re any share price movement but for what it is worth, here goes. Given the constant selling and loading up of offer positions at higher levels, I am predicting in the near term a sudden movement to the upside, possibly to 16c or beyond may occur. I am suggesting this because it has been my experience in the past with certain stocks (not necessarily NXS) that when a strong selling force is absorbed by strategic buying over time (which is exactly what is happening with NXS atm), the SP will not normally fall dramatically relative to its previous price position. If the strategic buying was not around, the stock price under such conditions would fall away. But this has not happened with NXS, in fact it appears to be consolidating at this slightly higher level around 13c in readiness for what I suspect will be a 3c + rise. It may coincide with an announcement or one that is pending but then again an announcement may not be the catalyst.

The disclaimer here is I am NXS shareholder currently a long way under water who really wants this to happen but my gut feeling is supported I think by the one thing that I have learned over the years that really matters in this game- the directional flow and volume of cash.

That said, I am fully prepared to be shot down and executed at will.

cheers