Post by
Arbutus22 on Jan 21, 2021 11:06am
Positive Turn
I would think price action past few days wold be a trader's dream! For better or worse, I'm not a trader but I do my best to recognize strong buying opportunities, and added to my holdings this morning. Crypto prices simply do not affect NC fundamentals. Selling pressure is people not understanding this, and grouping NC with the likes of BIGG. I'm not knocking BIGG; I owned a fair chunk until this morning when I sold off b/c BIGG sp has been directly tied to Bitcoin price momentum. This was a speculative play for me, locked in some profit now I'm out. Now that momentum is down, BIGG is tanking. Maybe it will come back but too much risk for me. Good thing they did their recent offering @.50 - smart management always takes advantage of strong price momentum. But not so good for shareholders. Imo, NC is a much better investment (less risk, just as much potential reward; no need to raise cash, good size float with only 96m shares out, strong insider ownership), much b/c of its business model, current revenue generation, in the fintech space, and anticipating increasing adoption of digital currencies. GLTA and stay patient with this one.
Comment by
BitCoinaire on Jan 22, 2021 6:38am
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