Tri
Valid points, all healthy discussion. I agree that a correction was in order, given that any serious profit takers would have acted even without any signs of the takeover bid. I do believe however it would have been a minor correction say by about .002 The reason for that is company is getting stronger, it building a recurring revenue stream and its sales contacts have improved. All good reasons to avoid major negative fluctuations. So when EWC turned up, that tipped the scales further south. I too, see .01 as the resistance marker, but that has been the case for a long time.
In terms of attention, its like a child having a tantrum, any attention is good attention. That may be why the NWT board aren't reacting. Any attention would give EWC the feeling that are being noticed, because that is what is underpinning their take over efforts. They need attention. On the other hand the board may be incompetent, however I havent had any letters from administrators lately so I'm going to remain optimistic. We'll see after the AGM.
I agree patience and fundamentals do rule, as does cause and effect.
Thanks for the feedback
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