TSXV:NSP.H - Post by User
Comment by
trader520on Oct 24, 2018 11:57am
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Post# 28864150
RE:This stock is odd
RE:This stock is oddI have been at this for almost 15 years now....yes, I agree, there seems to be no patern to news vs. price on some stocks. Even after all these years I have yet to figure out what exactly goes on. I as ussually suspect the market makers (big instititutions) doing their cross trades etc.
I have watched some stocks do nothing on what I thought was good (or bad) news, other times, they jump, only because anaysts expectations were beat, but the actual performance was to me mediocre, and not worth a jump at all.
Regarding NSP, all this news will add up to good things, the earnings likely won't show this quarter, but they will next quater. By then, I expect to see the 0.60's or even better.
My only advice, have your sell oders set, same goes for buy or stoploss orders. That has worked best for me.
Cheers and GLTA