I first bought this at 90c. A friend found it first at much lower. I bought more at 1.5 which significantly up'd my average. I ended up selling my total holding for a small profit on an upswing in the SP at the time after being in the red for a bit. I therefore missed the subsequent major lift in the SP and thought I had missed out on NEA forever.
The business is still growing and imo opinion has changed the way work in this area is done. People who use this service will never go back to the old way. NEA is here to stay. This major drop and panic selling is only a gift of a buying opportunity and I took it. I have no idea when the SP will bob back up to $3+ or $4 but I am confident it will. Once it forms a clear bottom, I'll probably buy more to average down as I am a little in the red at the moment but only 10c/share.
My friend remains a long term holder and I know bought more in the March 2020 brief dip (Did something happen?).
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