I think you will find this have further to run before Xmas - although up and down a bit before then. If one is a trader getting out today though just at the time the AGM started would have been wise perhaps.
Medium term = I feel by this time next year we will be in a great sp range. Why? Well many of NC's share options expire before Sept 2013 and then again another large chunk before Sept 2014. (Around 30 million total atm) I doubt he would want less than he sold some options/shares last time in Nov 2010 - $2.00. He also holds some 16 million in personal shares.
Put in the draw if a true believer or just trade this like many are. I believe by April 2013 we will actually be much lower than we are now (during election time) the shorters will have their fun again big time. I am sure most of us here know this.
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