the pattern of sell into the positive news day continues, with a weak close on the low of the day ... these mini rallies can now be measured in minutes.
this is a good environment for the nimble day trader/scalper or large holder looking to sell down but unfortunately not very attractive to the average retail investor.
the good news for Nido holders out there who believe in the long-term potential of this enterprise and the managers of its assets is that the forces currently acting as an anchor to the sp will one day step aside and every day it doesn't happen is a day closer to when it will ....
most of my investment is sitting in my super a/c so the day to day trading doesn't really bother me, the big picture is all that matters.
NDO Price at posting:
3.7¢ Sentiment: LT Buy Disclosure: Held
