I'm sure Birdman29 (& btw, welcome back buddy!) can share many more words of wisdom with all of us but as a long term holder I will not sell a single NEA share until some of the fundamental factors that has governed the current success changes.
Many of us have waited YEARS & YEARS for the following to occur:
- Financial Breakeven Point
- Great sales revenue traction in the US (& AUS)
- Entry into other Geographical Regions (NZ, Canada & beyond...)
- Introduction of new & disruptive products & services (3D, Big Data Analytics & AI)
- Evidence of continual Market Dominance & continual growth
- Continual protection of company IP & all competitive advantages
- Inclusion into the ASX 200 index
While I understand that some investors might be sitting on a bit of profit and are itching to cash out (and believe me I'm on the same boat). But please ask yourselves honestly, knowing all these facts (& of course knowing your own gut feel), isn't this just the beginning ?
Make no mistake, this "Billion Dollar Baby" is just being born !
NEA Price at posting:
$2.45 Sentiment: Buy Disclosure: Held