Sorry to hear your bitter about your loss but we all knew the risks or should i say we all had access to the information telling us of the risks. From what i read from all the announcements before the bad news it was all factual information of what could potentially be there.. Not once did they claim to have commercial gas down either of these wells. I felt up until the bad news that their pr was good, if only our gamble paid off. Write this one iff mate, either sell it & accept the loss or keep your investment & return next year or later to see where it is, sometimes they turn around & sometimes they don't. sadly neon are in the hands of others for now in relation to where do they go from here
In answer to the thread question - a time to buy?
Not if you already hold them but yes if you want to day trade them, as a holder i would not risk losing more money on the same stock by day trading now but as a new comer the risk could pay off day trading IMO
NEN Price at posting:
3.0¢ Sentiment: Hold Disclosure: Held
