RE:RE:RE:RE:RE:RE:Can the red day streak continue?
Yeah... I think that there are a few issues:
1) interest rates rising, ie. 10 yr bond yields, stocks in general are going to be priced to a lower P/E. The added issue for NFI is competition.
2) Being the largest manufacturer means that it needs to keep pumping out exponentially ever more products to maintain their growth
3) and I'm not sure that the market isn't a little bit saturated.
I'm holding some $49 shares... I should have sold when the technicals pointed down. I've found that helps a lot for us small investors. We can't do the level of research that the big firms can, but we can watch the way the "wind is blowing".
Thanks for posting your reply. You sharing your thoughts is much appreciated.