i m adopting a hit and run strategy now on NG but with big volume, yesterday dispose huge chunks & profits of a few K, will buy back today probably at 12c
For this stock, u have to decide whether you want to be investor or trader. For your references, i provide here the comparison between this stock and abric in terms of financial result.
awesome, don't just look at the profit and share price. please also compare the net asset per share, share cap and eps. Both co has about the same about the same eps. net asset per share for abric is 0.5, and net asset per share for NG is 0.1. So I don't understand what are you trying to tell and compare here. Don't mislead anyone.
bangonluck, there is a reason why i said at the first place when ure entering this counter, you have to decide whether to be a trader or investor. this company is a growing company (look at the financial result). so, you'll never see the profit comes in immediate time. if the company keep on growing the way it currently grows, then, the company shall have no problem to achieve the price as similar as abric. But it will not come in 1-2 days time. No mislead here. If you want to be a trader, this company might not suit you.
It does not seem like this stock will go up anytime soon because even after they annouced y-o-y profit double up nothing seems to attract investor.Probably need to give it 2 - 3 month provided they keep giving good news from time to time.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
ggecko
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Posted by ggecko > 2014-07-02 10:14 | Report Abuse
i m adopting a hit and run strategy now on NG but with big volume, yesterday dispose huge chunks & profits of a few K, will buy back today probably at 12c