RE:RE:A chart an an observation from @Tradeahead@Tradeahead @marsy, see this is where you are emphatically wrong. By waiting until the doubt of the majority is gone, and NVO is 2-3x higher, and you get in, you have put yourself in a position of risk, that is currently simply non-existent. That is not to say that NVO could not easily 10 or 20 double from there onwards, it could, all I am saying is, than when it has gone up by 2x or 3x, it can also drop if something totally unexpected was to happen. The risk/reward is MUCH better now. In fact, it is all reward and no risk. -now you say there is risk now, but you fail to observe that the risk is more than priced in already, meaning in fact there is no risk. The only reason there is NO risk now, is therefore because the majority THINKS there is risk now, and acts accordingly, reprices the stock to a riskless level, leaving people like me that sees this clearly with no risk whatsoever. Thank you by the way :o)
@Tradeahead @marsy No, it is not based on certainty of BC as such. I have positive BC expectations for sure. But it has absolutely nothing to do with the reason that there is no risk. It has everything to do with a MUCH TOO LOW stockprice versus my market valuation of all of NVOs land holdings, mill, prospects, projects, shareholdings, 10,6% of NFG, E3Ds trajectory, and a valuation of QHs talent considering NVO is his "baby" and his interest are aligned with shareholders, his access to capital, his access to talent, and I could go on and on and on..... point being, NVO IS going to make me a ton of money, pretty much no matter what happens in the short term. My downside is covered. This is 100% a matter of the stockprice being so low that there is a margin of safety on my purchase.