NEN 0.00% 22.0¢ neon capital ltd

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  1. 409 Posts.
    Thats all well and true, but one was up more than double yesterday, the other has great technicals always marching higher, NEN has been sideways for a while. While NEN has great potential strong news flow has to come before the Christmas period in order to ride the Christmas rally. If we do not get a commercial rate announcement the brokers will look elsewhere. We already have poor broker reception it seems, it really should not get worse. There has to be a reason for nen not being fully valued by brokers as T-Shirt has mentioned, and crappy aoc announcements driving a gangbusters rally.

    On the other hand, everything going to plan the stock could be much closer to $1 by next year. Then there's the Vietnam factor. Riding the Christmas rally though is important for alot of short-medium term traders, and while many here are in long, we need to attract all types of traders and investors to get this moving again.
 
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