Some posters here are of the opinion that the share price will go up. Some posters think the share price will go down. I guess there must be those who think the sp will go nowhere. It is all these individual sentiments that create a market.
Some market players use charts, based on past movements, to predict the future direction of a stock. Typical good old technical analysis stuff.
Then there are the ‘gut feel’ investors who look at the fundamentals of a business taking in such items as borrowings, cash, predicted future income, directors shareholdings etc. All good fundamental stuff.
Having bought high and sold low some ex shareholders will use emotions to vent their sentiments and anger that they got burnt and lost some money. They use a variety of chatrooms to get some air. We all need to respect their needs – after all oxygen is important component for life to go on.
Everyone has the right to express their sentiments, being it negative, positive or indifferent. But there is no need to become paranoid because someone else starts a new thread without having read all the other posts and comments. There is help available to assist with such a condition.
Are these few ex holders, who are still posting here, smarter than all the other NBS investors including the institutions buying the stock atm ?
If they are smarter than most, and so sure that NBS will drop to 20c or less, why not put the money where the mouth is and go Short NBS?
Plenty of opportunity to join the MEGA short position in NBS ! - All 7,740 NBS shares reported as short sold !!!! Yes, 7,740 short sold NBS shares reported to ASX as of 15 October. To cover this short position would cost a staggering $2.5K – Wow that is a huge amount of $. LOL
One would have thought that, if this company is on skids, the short sold number of NBS shares would be much higher. Why is that not the case ?
What do I know, a mug punter who takes in such reliable directional indicators as Short Selling ?
In any case good luck to all. All IMHO - DYOR.
NBS Price at posting:
31.4¢ Sentiment: None Disclosure: Held
(20min delay)