Originally posted by nsw004
grayza1 , ur right. But sentiment has been hurt so much , also weak hands will wait for a few weeks or months before giving up on this one , so market makers will not give them the satisfaction of exiting at cost. I am sure every one is down 30 % to 50 % here, so exit at cost will be quite difficult in a matter of months. Best thing is to keep a time frame of one year , may be after next year tax loss selling period , if the mgmt again goes for a pump up based on some acquisitions , one can exit.
Mean while if some thing great happens on existing drill program or the new brine acquisition, we will be very lucky.
Net net retail have been shafted royally by NM group here by big talk of 100 mT resource blah blah with zero results and that is the fact.
Why would NM group do this? To what end? They are heavily invested themselves? It doesn't make sense (to me at least).
