Yesteday we saw panic selling of NCP and for no reason. This stock will continue to trade on the ASX but not listed on the S&P 200 it'll still be able to be traded as it is today.. The main change is that fund managers can't hold a stock not listed. A lot of the trades y'day were from these gentlemen, and having dealt with many from all over the world, as I'm sure many of you on HC have, I rest my case.
NCP may well be listed on the NYSE and it makes sense for all of us...our fund managers out, their (US) fund managers in, and as they have about 100 fold the funds avaialable do your own maths.
Today may well see good buying opportunities.
Yesteday we saw panic selling of NCP and for no reason. This...
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