RE:Price has been slippinginvestornot wrote: Either by indifference or design. Market focus right now seems to be on weed stocks and bitcoins. I'd rather not chase after the elusive brass ring when I feel I am invested in a very solid stock that should outperform in the short to mid term.
Not sure it was sell on news today, or simply a continuation of the downdraft of the past couple of weeks. Regardless it should IMO be short lived. Time is ticking and the PFS is coming closer with each passing day. That should see an updated RE and bring renewed attention of retail and institutional buyers.
Even though we have been put in something of a holding pattern, I honestly did expect that we would gradually rise to or above the $4 level before the Spring. Still do, so I did add a small amount at the opening today.
investornot, my call is NXE has been slipping by design. CIBC in particular and other MM's have been working the price non stop for weeks and I believe lining up the ducks for the next big run. Your $4.00 call for the Spring seems realistic. In the end I believe these same MM's eventually wear a lot of investors out and they part with all or a portion of their shares. This is exactly what they want. I've waited this long and will sit tight with my shares. In the meantime playing a couple of MJ stocks to pass the time.
ACE$.
want.