NOV 1.85% 5.5¢ novatti group limited

Keyhole N.B.... JC and other NOV sceptics are not pushing the SP...

  1. 2,348 Posts.
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    Keyhole N.B.... JC and other NOV sceptics are not pushing the SP down - he doesn't hold and has had a SELL sentiment for ages - the ones causing the SP fall is desperate holders who are selling in a falling market. The sector sentiment is dreadful and NOV is just one of a pack of " could've been a champion " who are cash flow negative and likely to remain so ...till they prove otherwise. What is the adoption of NOV products by Reckon's clients ??? Please put some meat on that bone. If NOV is such incredible value, where is the M&A going to come from ?
    As I said before, a simple stop loss at key supports would have avoided this endless angst .... I'm guilty of this with this stock and a few others, because I assumed strong fundamentals and didn't listen to the market (aka tech analysis).
    Last edited by MIStragic: 09/06/22
 
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