Thanks for the insight. I sold down part of my shareholding today (not necessarily by choice - margin call). I will be looking to get our completely in the next few days but just hoping I can do so after a brief spike up closer to $12 so my loss is not huge.
I really feel like an idiot - I was watching NCM move between $11.88 and $13 and thought I could get in on the way down from $13 to profit from the ride back up to $13. Not so lucky.
Bad and emotional trade on my behalf.
Very tough balance between selling now and locking in a bad loss, waiting and either making that loss ALOT bigger or ALOT smaller???
NCM Price at posting:
$10.95 Sentiment: None Disclosure: Held