RE:RE:RE:RE:Disappointing Can't get momentum you say? Nuvista went from $2.05 to $4.10 from April 22 to July 5. That is a 100% move up, a double in just over 2 months. The single best momentum performer of 25 oily names in my watchlist in that short period, by far, bar none.
I could be wrong, but I have seen this story play out many times before with NVA. We get hit on good news for a few days by powerful short funds to drive down price to take out stop loss limit orders. They get retailers to become scared, upset, frustrated and capitulate by selling out at a bottom, all the while they accumulate shares. Remember, this is a hated sector so big funds can play games with ease.
If this is $5.00 by Xmas will you be upset? Not me, and I expect a lot sooner. Of course, if sell now you will be upset.
Hang tight.
Investnowplease wrote:
Im getting sick of thos stock. Every press release it falls no matter what the news is positive ir negative which it rarely is negative news. There is simply no following or live in the investment community for NVA.
why im not sure. BOD? Or my guess is the management. I do believe NVA has great properties. Dont know how the stock will get some momentum.
My solution which we have all hoped for years .... merge with a company that has a proven record of increasing shareholder value and a management following in the markets. This is not about floundering and status quo. The managements and BOD's responsiblilty is to the shareholders and getting a fair market evaluation if the share price and the upside that is possible in the future.