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128 Posts.

26/08/15

12:40

Post #: 15878254
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Originally posted by riskreward1 ↑

Yes Riskrider, this could very well blow up in my face. I have over did it a bit with the latest purchase but hey, as our nickname suggests, no risk, no reward.
I bought a lot of my holdings at 10/11 cents so a little bit of breathing room left.
I remember I was overseas on my phone when I first bought into NRT in January? It was that crazy day where the sp went from 8c to high 20's and then back again to around the 10c mark in the same day!. That was when I bought up big. Pretty lucky I think. The moral of the story is you just have to take opportunities when they present themselves. It is times like this when everyone is panicking that most money is made. Takes nerves of steel and lots of balls. This latest slide in the sp is another example. I dont believe any of the drugs fundamentals has changed. We are progressing nicely and moving forward strongly. The only change is GK leaving. All the sp decline has been caused by external factors that NRT cannot control so in my view we are still very much on track. It much better to have this correction now instead of when NRT enters the clinic. Things will blow over in the next few months just in time for NRT's entrance into the clinic. Talk about good timing! Thats my theory anyways.

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December.

Melanoma announcement and subsequent cap raise directly after the news.

I know because I purchased at the 20c mark, and then tripled up on the cap raise and purchased again at 10c, averaging down pretty significantly.

NRT Price at posting: 15.5¢ Sentiment: Buy Disclosure: Held
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0 Great analysis

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