NWE 0.00% 5.6¢ norwest energy nl

Edram, if short term traders continue to get frustrated that it...

  1. 7,809 Posts.
    Edram, if short term traders continue to get frustrated that it isn't behaving to optimistic preconception and sell it then maybe it will take a while to get back .

    Why not forget the few cent profit or breakeven and wait for 6 months till the cash stuffed financials come in ?
    "What ? 6 months?", I hear you say .
    Actually I don't know .
    I thought it would hold above 30 easily due to the money coming in, but AED's ambiguous (yet still strong) production rate announcement and the market volitility saw to that .
    I hold and accept that 40 cents plus may require patience . What's the rush ?
 
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