more panic or a major holder exiting?, page-3

The stock needs a new wave of investors......

I would have thought that would help to start drive the share price based on new investors coming on board with the announcement....we will see....

From TA viewpoint it is behaving perfectly but I guess this was one case where TA was providing false signals and merely a herd of traders exiting post announcement....

I sold down on Friday but bought back big time at the close thinking it would start bouncing back today on uptrend....got that one wrong.....

I am not wedded to NGE if people can convince me that this stock is worth only 22 cents.....but no-one has been able to yet do so...

Surely it won't head back to 17 cents.........


Londoner