The market is a combination of investors and traders.
Investors take a position in a stock such as NWE and they see the medium to long term growth. They are like the tide. They lift the value of a company slowly and surely.
Traders are the opportunists. They jump at situations and over react to good and bad news. They read something into nothing and nothing into something. They are like the waves on the tide.
Investors watch in disbelief as their cherished growth pattern is destroyed by a few panicking tradrers, forgetting that it was the optimistic trader who paid too much on the day and set a new high for the share price.
Like it or not, we have to live with one another.
So when the share price of NWE is sold down by a panicked trader who'se crystal ball called a sale, just know that this will pass in a day or two and the upward pattern will continue.
Know your company.
NWE have 3 company makers and cash in the bank. The company believe that when these prolects are advanced, the share price will be over $1.00.
Cheers,
NWE Price at posting:
0.0¢ Sentiment: None Disclosure: Held