NWE 0.00% 5.6¢ norwest energy nl

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  1. 776 Posts.
    I have to agree with you Proactive.
    It definitely appears as though the Share Price is being kept between a tight range 3-3.5c.

    I normally don't entertain the notions of share price manipulation in the speculative companies, however this is pretty obvious and has been happening for quite some time now.

    It has been fascinating to watch.

    We can try and postulate as to who it is, and what their motives are, or when they will stop...but the bottom line is it doesn't matter. This kind of activity is fantastic for the price once the time comes.

    In effect what is happening is that the stock price is not being allowed to drift too high or too low, hence ensuring that when the time comes, we should see a "fast and furious" run to 8-10c (IMO)...some have used the "tightly coiled spring" analogy.

    I don't know about you guys, but i'm happy with that.

    I assume the only people that won't be will be those who sold at 3.4c because of the big scary 5 million sell order boogey man.

    As i've said before, i believe that NWE is the biggest bargain on the ASX without any exceptions and I'm extremely happy with my holding. I'm not worrying about these day to day variations or lack there-of. I've put my hard-earned in and i expect to be rewarded very very handsomely. In the mean time i'm concentrating on trying to find the next gem on the market.

    This one will take care of itself. The recent games being played has only highlighted this fact.
 
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