GREY:NOVUF - Post by User
Comment by
GLENN#on Jul 19, 2013 5:08pm
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Post# 21618956
RE:RE:RE:RE:Rising NA oil prices - should help Novus
RE:RE:RE:RE:Rising NA oil prices - should help NovusYou are making an assumtion that there are buys, I don't believe there are. Everyone has been saying for months, 'wait a couple of weeks'. We are coming up to 8 months now.
As for the oil price increase I can't see that helping Novus sp right now. We know the company is on solid ground, good assets, and worth more that were we are now. What is holding us back in basic information for the company. The management has created uncertainty, that markets don't like. The market has vauled the company and management preformance at $0.75. If we agree with that or not that is the fact, now we all know the company is worth more than that, that leaves the management preformance.
What happened when the Q4 numbers came out, did we increase in price? No, months later we dropped to $0.062.
Nothing will help the sp until we hear anything from the company IMO.