applefoot
Great post!
(Originally from the title - 'Novogen rises from the ashes' I thought this post was a published article and got quite excited - but not to be - whilst well written - is just another holders opinion).
Please address this issue if you will.
I have been holding NRT for the best part of this year. Not long term, but long enough to observe the patterns in the SP based on 'good news'.
I am also in profit (just) so I'm not commenting from the other end of the where the SP has peaked.
I should also say that I believe in the product, otherwise I would not be holding (which is being severely tested).
BUT! The bottom line is the SP. It is the reflection of where punters feel the company is at any point. That is fact! So....
Why is it that holders at this point, can NOT be confident that gains made in the SP on multiple occasions, post announcements are almost never sustained.
0.22 and falling is ridiculous based on what has been announced!
When a stock develops a reputation for doing this, it's very hard to break. It's then seen as surf the wave, then dump on the break. Repeat!
I respect the directors, but now when you see blocks of 125,000 , 50,000 show up on the sell side (as per the recent announcement) - we can all be assured with - well whadya know - we have a director selling - or the convertible note is coming down on us again.
My thoughts yes, but predominantly from observations - which unfortunately is not made up. I wish it was...
eMark
applefootGreat post!(Originally from the title - 'Novogen rises...
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