Bball - I've never been called a downramper before.
I'm pragmatic and blunt - I get to the point - and unfortunately as DMC pointed out - I'm usually right.
Sure I'm not Mr Popular here and sure most of my posts are lucky to get a thumbs up when some random will just post "NWE IS AWESOME DUDE!!! PWN!!! L33T BRO!!" and get 2000+ positive rating.
It's not a popularity contest - it's a battle of us vs the market - and at the end of the day that battle is measured in how much profit - not loss - you managed to walk away with at the end of the day.
It doesn't take a rocket scientist to have pieced together the puzzle we've seen before us over the past few days - that blind selloff last week was the real indicator this one was gone - and when the official announcement is made that there's no oil, or none at commercial levels, we're going to see panic selling.
Panic is human nature.
If NWE was a one trick pony - I'd have sold ALL my holdings in the 7's, but I didn't, I'm still in this one because I know there's a few more tricks left in this old pony.
My gut says major sell off on the announcement - check my post history and check the SP - you'll see I always nail it on this stock.
I'd rather be Mr Unpopular - so long as I'm right.
NWE Price at posting:
4.2¢ Sentiment: LT Buy Disclosure: Held