some broker reports, page-3

DrDann,
I am also continuing to hold and expect to do so for quite some time. I have an average under 10c so while I have paper losses they are tolerable. I considered buying more around 7c but chose not to 'cause I think I would prefer to retain my cash for a potential CR - if it doesn't happen and if SP rises my current average is low enough and my current holding is large enough for me to be happy with the profits I would have in that scenario.

So I am a LT bull on NXS and have backed that with my actions, BUT , what the Brokers say gives me no comfort whatsoever, IMO Broker reports on a stock like NXS (small cap, speculative) are notoriously poor at guiding direction or timing on the SP, and often are updated and changed in reaction to SP moves rather than ahead of them (appears not so for those brokers who are showing 20c for NXS, which I happen to agree with as a minimum fair value target price - but I still wouldn't place much reliance on what the Brokers say).

As far as the "scaremongers", while I disagree with Richie's sentiment and conclusions, I think its actually healthy to hear the voices and the arguments of those who have a different view to mine - it forces me to test my assumptions, reassess the facts I am relying on and my conclusion . Richie , posted on a Saturday, no open market so no downramping intention. I don't agree with his conclusion but I do respect the posting - and I don't think its "scaremongering".

As much as I see value in NXS, its going to need cash to realise that value and I don't know where all that cash is going to come from - and that IS something that scares me on this stock.