NXT is like a modern style utility stock imo, the sort of stock that during recession/ depression you keep in your portfolio as it will be the least affected by the downturn. There may be some slowing of data expansion going forward but compared to other parts of the economy it should be more resilient and the appetite for data just continues to grow.
Personally I am holding my powder to take advantage in a bigger pull back or crash, and will wait to confirm a bottom before buying. I am not convinced yet that this is the start of the crash or correction and await further evidence. The question on my mind is my head says sell before any crash to protect capital where my heart says hold long and strong. I think I may have to compromise between the two and sell down half and hold the rest. My average is around $8 so well in the black.Interesting times.
Christopher
NXT Price at posting:
$11.14 Sentiment: Sell Disclosure: Held
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