I remembered when the value of NEN plunged after the "wonderful results" in Vietnam.After the plunge,the stock was rather volitile and there were post on what was the fair MC of NEN..i gave it a very pessimistic rating of a MC of around $15M.It now looks like i was dead wrong.The current market cap at this time of writing is around $8M.Sad to say,this is a prime example of a falling knife.Though i do not trade this stock,i feel sorry for those who lost alot.Just treat this as a learning experience and follow the golden rule of "DYOR" and not rely on fellow posters in HC...CHeers
NEN Price at posting:
1.5¢ Sentiment: ST Sell Disclosure: Not Held
