TSXV:NIR.H - Post by User
Post by
Francesco1on Sep 15, 2000 5:29pm
153 Views
Post# 2501672
A reminder ...
A reminder ...To All,
A reminder that the 39 month cycle is still in "hard down" mode and the alternate count of $1.50 for NIR is still alive. Coupling these 2 factors together and you have a "makes no sense" when good news prevails, situation.
The frustration created by recent stock action, and the illogical behavior of NIR of late are conditions that MUST exist before a solid bottom is in place.
I know it is painfull, and I must admit that at times I want to "sell it all" out of protest of its actions.
But, I have been through this same situation with other stocks/companies a hundred times before.
All the fundamental and technical factors that I am aware of, do support a bottom in the next 2 months. There remain, outside forces at work, most of which are technical, that is creating this psycological missinterpretation of Napiers true potential.
That 39 cycle is really just a wave of perception, which is "creating" a negative reaction by the investing public. Once it finally bottoms, "They" will see the light, and perceive this scenario differently.
Napier is not the only company that has fallen victom to this syndrome, I have many investments with excellent potential in their respective areas, and most are 60-70% under their highs with equally positive fundamentals.
Just relax, and don't be tempted to doubt your "gut" feeling about the incredible potential of Napier and its markets. Those outside forces will soon reverse direction and then Napier will probably end up being "overvalued" by that same group of investors/institutions that "created" this undervalued situation.
Francesco