Surprised at the sale, someone is very frustrated. Id rather...

Surprised at the sale, someone is very frustrated.

Id rather think that rather than 20m sold and bad, there are some lucky people who have picked up 20m at 1c. given that there is only 6m for sale at 1.1c and still some 60m at the 1c buy level, not a bad situation to be in.

no announcements to date, means that any announcements are getting closer and closer.

As Ive said before NWT will flucuate within this price range for sometime. it will not takeoff until $$$ are shown.

the lack of $$$ being shown does not please the day traders who trade on the volitality. NWT has IMO been quite stable and showing strength over the period of no news.

Buy now and wait until the news

My advice is to buy at 1.1c (1c is even better) and wait for the announcements giving you 10% to 30% gains.Sell down to average down your cost and wait for the $$$ anouncement.

example buy 2m shares at 1.1c goes to 1.3c on announcement and sell 1.7m, leaving you 300,000 at a nil cost waiting for the $$$ news. worst case is you sell all at 1.1c or what you paid or maybe 1c if desparate

not a bad bet at all. more upside than downside

Waiting is frustrating but will be rewarding...only a few more days or a week for some announcement and a few more weeks to go for $$$ announcmenet end of February/first week in March.

Investment only what you can afford