Nexoptic Technology Corp V.NXO

slow and dumber

[ratsnake220]

You make statement its amazing that  the dow is dropping and Nxo is up......that maybe the dumbest quote on this board.....So i own 20 stocks ...some down 8 percent today and some up 8 percent...you compare a average of some 15 dow stocks...to price of nxo....why dont you compare the S&P index to Nxo.....150 stock avg.....Slow and dumber i get it you want to pump....wake me up when they announce some real contracts!

[slowandeasy]

ratsnake- Who said NXO is up? READ. Keep your shorts on. Get out if this is too much for you. Don't have a heart attack. If you over bought that's on you.

[Goodtimes]

  Comparing the Dow to the penny stock zone is like majors to the independent league .  no comparison .  Now time for Rich to get this moving . 

[slowandeasy]

Goodtimes- Really? You don't watch the indexes go up and down and see how they correlate with your stocks? I have found that many stocks penny and larger go up and down with the Dow. I rarely sell when the Dow is down. I wait for an upswing and sell when I can get the most return on my investment. NXO has mimicked the Dow many times. Of coures there are times when this is not true but

[Truhlik]

Slowandeasy:  I think the point the other posters are trying to make is that the correlation between a small pre-revenue stock like NXO and a major index like DJI is weak.  If you look at the numbers over the last year, the correlation between daily price movement of NXO and DJI is only 0.3 (weak), as compared to TSX and DJI which is 0.9 (strong).  Having said that, if you found a