I am also in shock at the severity of the sell down NAVY.I do...

I am also in shock at the severity of the sell down NAVY.

I do not currently hold though i'd buy back in if I felt I had a better grip on the future cash flows we could reasonably expect from the business on at least a 12 month time frame.

I think most retail investors, like myself, simply view this stock as a punt in the immediate term as there is nothing solid on which to make an investment decision.

The high volume selling also exacerbates the pessimism around NMS as it has to indicate some big players are exiting (seemingly at any old price).

I thought we'd see a floor around low 20s but it pushed straight through and again closed near the day's low.