Technical Analysis and NOT...
posted on
Nov 06, 2007 03:22AM
NI 43-101 Update (September 2012): 11.1 Mt @ 1.68% Ni, 0.87% Cu, 0.89 gpt Pt and 3.09 gpt Pd and 0.18 gpt Au (Proven & Probable Reserves) / 8.9 Mt @ 1.10% Ni, 1.14% Cu, 1.16 gpt Pt and 3.49 gpt Pd and 0.30 gpt Au (Inferred Resource)
I agree with the more technically savvy investors that NOT has a couple of ways it can go depending on the quirks in the investment community each day... I think myself that one thing the analytical types have to remember is that NOT at present, is not a good technical stock simply because of two things:
In conclusion:
There is noone on this board, whose posts I have read, (trust me I have read pretty much every single post whether off topic or not) indicate negativity in NOT holdings. The only thing those who have been accused of "Soft Bashing" have done is point out the obvious...well at least to those who "want" to listen....the stock will adjust...we're ahead of ourselves (not necessarily I say, but a valid point to make and not push too hard) and we "may" fall back for a time (short time I believe was the interpretation I observed). MJ is in again at 3 to 3.50. Al thinks it may be that MJ is correct, and so have a few other investors here. This is not a "pump" or "dump" forum...it is a reality forum and adjustments in the stock price will happen and should be honestly reviewed.
My only consideration...if the stock price goes down..I doubt it was because of technical analysis in any "big" way....more to the sentiment swings of the big investment firms trying to get in and slam this rocket out into space after they have their fingers on the thruster button. We are NOT going to go down for the count. Every dip is a "buying" and NOT a "selling" opportunity. Do not sell on the dips..hold and wait until we move up again. Its called the volatily of speculative stock trading...and I project the speculation is waning off so expect less volatility forward moving. This of course means it might get boring as well and that we'll have to deal with at that time.
Anyone have a game of online chess we can play :) <joking..really!!!1
MM