RE:RE:That news changes things...The new agreements are great and all but they aren't exclusive... these companies are already selling with other retailers. So while it's good news, it's certainly not a catalyst to hit $4. If this gets above 0.40 today which it looks like, be prepared for heavy shorting. (Donkey, i'm not predicting time frames, just in general, i know you confuse easy).
If this gets close to 0.50, i'll get selling the remaining half of my shares. Q4 is going to rock the boat in a negative way.
whisky11 wrote: NosajEwad]But good time to look for the "Sell on News' mentailty of the day traders. When you see a drop, don't over react, its just short term profit taking
whisky11: well, I don't think we have day traders, not for a while.
It's risky to get out of the stock. If Namaste is four dollars, yes you would be right 10% or 6% down on the news.
This news tells me that N is underpriced , more news will come and stock price go up.