NBS 0.00% 9.9¢ nationwide building society.

interesting times, page-2

  1. TBE
    3,734 Posts.
    Persistence is admirable.
    For example, I really like the way NBS hypers persist in ramping a stock without anything to support their sentiment but hope...you know; maybe this or maybe that.

    NBS has persisted in its existence despite not making a profit in years (without writing the profit off!)

    I like the way numerous posters with dodgy looking post counts and history write things like "at first I was sceptical too or management have really frustrated me also"

    and then shamelessly follow it up with "but lately, things are looking up/turning the corner etc"

    you will notice, things never actually turn up.
    They never even look up.
    They just hint that things could/might etc

    If you shorted this stock from its peak, you would be up 80% plus. In fact if you shorted this stock anytime over the past 18 months, you would be in the money.

    There is a reason why this stock keeps going down, down, down!

    It doesn't have a sustainable business in place, if it indeed has a "business", you know...where profits are made, cash is received and they are not returned/recylced or written off in subsequent quarters.
 
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