No it doesn't. Unless your quarter is different from anybody else.
Make no mistake, NWT is on its way up and this dump is normal. Profit taking is happening on the way up. This is the downside of having nearly 7 billion shares issued. There are so many big packages of shares dumped on news, it's just not possible to go up without seeing these dumps happening.
You shouldn't pin your hopes on words like "blue chip" and "world renown". That sort of spiel is typical AB style. Remember, they have not delivered the names behind the latest contract even though they promised to do so within 2 weeks. This is just another example of how bad they are handling their news. It's not something to worry about but it's annoying and won't help building trust. They may have a million excuses but they should have known better and not promised something they can't keep.
You invested in a very volatile stock. So don't expect a smooth ride. You just need the guts to hold on to it and before you know it the sub 1 cent times will be over.
I remain very bullish. Still thinking multiple cents by the end of the calendar year.
Good luck to all who have to decided to hold!
NWT Price at posting:
30.0¢ Sentiment: Buy Disclosure: Held