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NEWALTA CORPORATION T.NAL

"Newalta Corp provides engineered environmental solutions that enable customers to reduce disposal, enhance recycling and recover valuable resources from oil and gas exploration and production waste streams."


TSX:NAL - Post by User

Comment by EstevanOutsideron Oct 02, 2017 3:09pm
127 Views
Post# 26767600

RE:RE:RE:Youou...???

RE:RE:RE:Youou...???
I think sentiment is more important then oil prices. Right now the tide is turning but we still need a bullish catalyst to make the situation definitive. People are still weary of the situation and I'm sure many are starting to look at trends and seeing opportunity. I believe when the "definitive" situation sets in, Newalta will quickly rise back up speedily. Newalta is a lesser known name for the moment, although a well respected one. I believe we fluctuate now because of day and algo traders, but eventually the medium and long term investors will come back. Next quarterly results which should show general substantial improvement in the Canadian energy scene hopefully will help us and get Newalta back to where they deserve to be. I believe October should be a bullish month.
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