RE:NOU SP should have continued going up?There may be a fourth possibility.
NOU took off when the offtake aggreements were annouced.
Quite often, when something like that happens and names like GM are in the mix, the SP responds.
Unfortunately, it usually doesn't last for long unless something that will contribute to the bottom line is immenent.
I don't believe there is enough clarity as to when and how NOU will fullfill its end of the deal.
Uncertainty, whether real or perceived, is not what investors like to experience.