I can't believe I didn't make this illustrious list -
"the following posters can rack off: Salty, Slick Rick, Illegaleagle, Joanne, Iceman"
For what it's worth I am in as much poo as everone else - I still believe the energy/resources/commodities run is all over and there are dozens of stocks that seem to support the idea - as usual most punters are still in.
It's not so much about NEO as it is about the easy money made in the sector - it has come to an end - I rolled a heap into Bio's - particularly PRR and have paid the 20% price just like everyone else but at least I think I am in the right sector - the whole Bio sector will double within 12 months and little Gems like PRR will triple or more but in the energy and mining sector you can't rely on the sector bullishness anymore - you have to have the specific stock correct. For what it's worth I still think NEO is the right stock but my trail of info has gone cold.
Chand - I hope for NEO holders you are the 'source' as you seem to have the finger on the pulse.
I know we don't provide advice but if you think NEO is going to 20c maybe settle for 15c - if you think 15c then settle for 10c etc It's the sector that is going cold not just NEO.
Pick you next sector - I'm not sayig I'm right but the real performers are usually only Mining, IT and Bio. I don't think IT can come back for a decade - it has a 70's style mining boom and it will take that long for the good stocks to emerge. Mining and Energy is fully priced as a sector because the underlying are fully priced - sure there will be 5 baggers but you need to pick the right stock for that not the sector. The Top 100 have just finished their run and Biotech has been completely trashed for 18 months. It's the only sector that is trading at half its fair value rather than double. Pick the stocks that have alread done their capital raising for the next 2 years, that have large emerging shareholders and multiple sciences or technology (oops another shameless plug for PRR!).
I'll try and stay off the NEO topic now as I have little to add - it still looks to me like it will all work for NEO and OPL and every announcement reads right to me. Most of you know why I am out and it was just time and sector that got me.
Go NEO - make plenty for all the faithful so they can come across to the biotech future and save us all . . . .
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