everyone invests for different reasons, you wanted to make money on this dud, well in that 22months it 3x, it has come back down but it has a solid base or even better then before. if everything went to plan would it have gotten its bank license earlier, would there be new partnerships? would there have been more crossboarder tx? would credit Suisse market dump kept the price above what it is now, it is what it is, this dud stock has treated everyone with opportunities to buy low, sell high and now buy low again all the while adding to its portfolio. have a look around, a lot of stocks have diluted their share holders, Nov added what? 120M in 2 years, 1/3rd of ttl. Fintech takes years to build out, legal by the books fintech takes even longer. but the position peter cook and the team have olaced themselves is solid. As anyone here knows, some times its not what you know but who you know that create opportunities.
macro level, the whole market has gone to shit, but its still better to be in it then to time it.
I appriciate the new thread. The whole Nov thread throughout the years has been insightful and educational. Thanks and Merry Christmas and happy holidays to everyone who has shared their thoughts and analysis last few years.
NOV Price at posting:
23.5¢ Sentiment: Buy Disclosure: Held
