RE:Rain or shine? NPI’s share price is near a five-year low.
The stock has fallen 50% in the last three years, (and more recent buyers are having a tough time too, with a drop of 45% in the last year).
During the three years that the share price fell, Northland Power's earnings per share (EPS) dropped by 4.8% each year.
The share price decline is actually much steeper than the EPS slippage.
Quote from Warren Buffett:
“One must be greedy when others are fearful, and fearful when others are greedy.”