Shrewed - because we've had our "run ins" in the past - so I just leave it at that when I regard your outlook - i.e. I just say you're positive and I respect thats how you see the world (which to be honest, I'm rather envious of - wish I could!).
You see NWE rather optimistically - you've said it yourself many a time - you even catch yourself when you get a little too worked up.
That said - you know how I see it - and I speak my mind.
I could have just sat there - dumped - and said nothing of it - but I don't think that'd be very nice of me seeing that I see a fall coming in the SHORT term - so why not talk about it?
Now there's a lot a head for NWE - if there wasn't - surely I'd have made for the hills by now, dumped the lot and gone on to greener pastures.
But I HAVEN'T (and trust me there's some nice ones on my radar right now but I'm staying with NWE - may as well since I've been here what, 5 years now?).
I think the biggest problem/hurdle right now is the immediate cash on hand - you know it - I know it - and that's going to hold this puppy back a bit if it's not addressed.
Now how they do it? God knows - but its just an issue right now that's hanging over their heads. The thing is the raising of cash is a POSITIVE for this little company - when its raised and out of the way - they CAN DO THINGS TO MAKE THEM AN EVEN MORE VALUABLE COMPANY.
I.e. they'll have the ability to follow through - making today's 4 cent minnow tomorrow small cap PRODUCER.
So sure - short term - I think this thing is a bit hot - RSI is over 70, well and truly busted the Bollingers like Mac said - so she's run a little hot - no matter, she'll dip a bit, get her breath - and as we closer to August we'll see the SP rise in hope and expectation of results.
Doesn't take a fortune teller to put those dots together.
I just have an issue with the whole "we're shooting for the stars any day!!" talk - there's other plays out there with better finds than NWE's and they haven't "dolla fiftied".
You just have to keep a bit of a lid on expectations - take the runs while they're there.
I have a foot in both camps - long and short - a 50/50 split - that way I can still get "dolla fifty" train action - but I can also jump on and off that train when I see an opportune time too.
Anyway - hope that explains a bit for you - I'm not wishing doom and gloom like some who like to think I do/am - but I'm not.
I say what I see and do - it's what I'm know for in my industry - I don't sugar coat and I get to the point - so excuse me all if I offend your feelings etc where you think an NWE share is equivalent to a winning scratchy ticket - I'm just not wired that way.
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