TSXV:NSP.H - Post by User
Post by
Rock34on Nov 10, 2015 10:08am
182 Views
Post# 24276717
Looks to me like Promotion hurt us again
Looks to me like Promotion hurt us againNSP was gaining traction, under the radar with a few houses accumulating shares. We drop an article, which was well written and all of the retail sheep show up to drive the price way up and now sell it way down for a loss. I had hoped that the company learned that if they are going to have something come out like that article then they needed substance right behind it.....otherwise the volume drops off, those accumulating houses are happy to wait for a bottom again and here we are, 17 cents from the high of 3 days ago again.
Could turn aound any second because there are clearly a few accumulating this stock but who knows when and what the bottom will be. A proper valuation is over twice this value....easy.
For the record, the tax loss selling message is overplayed here.....just buy on the dips and be happy.