.30 support levelI tend to agree with shane on the point of the SP being important.
In terms of the psych. level, ....falling below .30 can have that emotional jab than could precipitate a sell off, so I'm watching that level closely. The market is more of a head game than most realise.
In my opinion I believe it will hold, thats why I have bought more at that level, so I guess I am biased to that number. And keep in mind, that is my opinion.
I did notice, looking at the cdb BB a couple of minutes ago, that murphy was buying NAG and some other stock. Judging by the time, I would say that he bought at .30. I think he's pretty sharp so that might be a good hint .
There is alot of nervousness and frustration, so to me, that is a good sign, (in a sick kinda way).
I'm not sensing that anyone is feeling very good about the stock right now.
I too, am concered that any good news will be muted, and not move us higher.
I saw this happen to a stock recently.
The government???? well if you don't now the government.... I won't go into that!!!
Nonetheless I am in this until ALL the news is out, and see what happens...I pays my money and takes my chances.
Good luck NAG holders