GREY:NEVDQ - Post by User
Comment by
thomsonion Oct 07, 2014 7:09pm
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Post# 23007975
RE:RE:Sp
RE:RE:SpWhy the extreme weakness...
A rising tide raises all (well most) boats, whereas in declining markets prices decline.
As for NCU, it would seem the average shareholder remains unconvinced that the Lyon County Landbill in HR5205 will be able to pass in the Senate, given the fact the Senate will only be in session from Nov 12th or 13th through the Christmas break..They are rushing for the exits by the looks of it.
If the bill does not pass in the Senate in this session of Congress---its back to square one in the next session of Congress in the new year---basically having to get passed again in the House of Reps and in the Senate...Given that this seems to be a lengthy process, the risk of holding is that your shares won't go anywhere into positive territory for awhile.
If however, HR5205 manages to pass the Senate this year, I think it will be a significant catalyst to the upside.
I am quite content to hold, cause I have a sneaky feeling that ole Sen Harry Reid is gonna get it passed this year despite the tight timeframe to do so. While I could be wrong about that, I like some others, are content to hold for the long term. What others do, I really don't care.
Cheers