My take ...Here's my theory. Well, looks like the bear rally is over for a little while. With the general markets performing so poorly, NAG and other stocks will get hit. Today we see the negative news of the autos; in the future it will be something else. Positive news is slim, but it is out there. It seems like the market is looking to rally, but then gets afraid. This cycle may go on for a few months. From what I see, the U.S. dollar is exceptionally strong (bubble, if you may) and every time markets rally, it gets weaker and stronger when they are weak. When the $$$$ flows out of the dollar and into stocks, stock may rally huge. When will this end? My guess is after September. For reasons I cannot say, but mark my words my theory is that there will be lots of $$$$ to be made in the fall. For now, I'm holding strong. Average down where you can or for day trading buy on the dips and sell high - take profits. Its a different market folks, you just need to know how to play it. That's why we don't see stocks make or hold onto gains like they used to. There simply is not the same amount of money flowing through the stocks ... look at the venture - we're down significantly from the highs which means there is limited money even flowing in the venture.
My theory is that NAG will come out of this strong. The delay with NAG may seem negative, but IMO, I think the timing might just be right. Great opportunity to accumulate. I'm seeing the silver lining!! I see NAG and other stocks like a spring. I'm averaging down and the spring gets tighter and tighter. When the markets are ready, that spring will have no where to go but up!!! And up it will go, beyond wildest dreams - if you play it right.
Well, I just put down my strategy/theory. It may not be for everyone and I may be out to lunch and completely wrong. Its a chance I will take. Do your own research and make your own decisions and DO NOT RELY on MY personal strategy or my theory. I can handle the risk!! Talk to a qualified investor before you invest/sell/hold or whatever. The above is just what my understanding is from what i've seen. Maybe I'm missing something ... who the F@# knows. Either I will become a king or a I will become a pauper. I'm young enough to take the risk and I earn enough income to keep afloat. Good luck to everyone!!!