RE:Wake me up next year !I don't think NVO is a kind of stock that follow such trends of tax loss selling season or the Aussie summer. People are already looking at the downtrend as tax loss but I don't think this is the case. There are some hot stocks now that are traded with very high daily volume up and down (example is RNX) and this is probably where the most speculation is at the moment. If we look at NVO daily volume, well it is almost nothing at all.
There are many things NVO can come out with any time and things can get rolling again with the snap of a finger.....so I wouldn't be so sure we'll have to wait for number of months.
Fab
BlackHawk7 wrote: In the long haul all of the recent news sounds good. However we have tax loss selling season coming up along with the Aussie summer. So IMO the SP isn't going to make anyone happy for number of months. So I'll just hold what I have and put this thing back on my radar next year when things get rolling again.