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Novus Energy Inc NOVUF



GREY:NOVUF - Post by User

Post by GLENN#on Jan 31, 2013 4:30pm
162 Views
Post# 20920133

Another Good Day

Another Good Day

Up one day and down 2 days!  DEAD MONEY.  We are going to be in limbo for a while.  I will not be surprised if we are down tomorrow too.

People are so focused on the price they are forgetting about the volume.  We have had 3 days of fair volume; RRX has had 3 fair days of volume and today it is back to 'normal'.  Meaning there is interest in the sector.  A few more days of good volume MAY suggest there is something coming. 

I find in very unlikely that the market will drive up the price so we get $1.75 - $2.00.  We are going to be up and down until we get news from the company on how they plan to increase share-holders value.  This can go on for days or months.  I'm going to start to play it with some extra cash.

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