I am sort of on tenterhooks regading whether I should buy into NWE
It looks good in many ways but I reckon that a capital raising must be coming soon
Im itching to get on board but what is a good entry point ?
I had thought a CR would be at 6c but it looks like it could be at 5c like before
Stocks have a memory and often revert to the neuron cluster that last spwaned a CR SPP at 5c
I dont want to miss out but my deep prognostications lead me to believe that NWE is entering the band of familiarity reversion where the brothers meet over a 5c lamb chop
I am looking now and under 6c might be good
If I enter at 5.5c and the masters of the universe decide a CR at 5c then I have only dropped about 10% , just a flesh wound considering the massiveness of the potentiality endowed on NWE by its agile thinkers
I can just take up my full hog at the SPP CR trough and wait until more frac units appear for the horizontal divestment of gas from the shales
Can we admirers of NWE ever go wrong ?
Cheers
NWE Price at posting:
6.2¢ Sentiment: None Disclosure: Not Held