PINL:NEPTF - Post by User
Post by
gwrbion Jan 02, 2011 7:22pm
347 Views
Post# 17916974
Come on Board, Smile!
Come on Board, Smile!
NTB ends the year at a 52 week high, albeit with mediocre volume, but also without any news in close to a month.
And finally, after a four year roll coaster (of mostly down), I am finally back in the black with my investment in Neptune (that's what happens when you start investing in the $4 range, ride to $9, and then plummet down to
.40). Glad I averaged down.
Maybe the loyal Board supporters can throw out some 2011 fearless predictions.
I will start with a conservative $4 (by June 30th), and a more bullish $6 by year end.
But as an extra stocking stuffer, be prepared for the coming back to your desk "shocker" whereby NTB announces it is considering an acquisition offer. Any offer would have to be $6++ in order to get anyone's attention.
Personally, I think there is a very real possibility of an equity investment from a company like Bayer, where say they acquire 50% of Acasti and/or Neptune. That way, the Harlands can still ride the ride, while Bayer (or someone else) get their fair share of the upside they will play a pivotal role in creating.
Happy New Year to all!