NEA 0.24% $2.08 nearmap ltd

Yes, agree that most will hold, but some people will trade the...

  1. 2,597 Posts.
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    Yes, agree that most will hold, but some people will trade the ups and downs as well, each to their own.

    I am just not sure what new news will come out in the HY that is not already known. I know last time, the market was surprised by the lifetime value of customers, so that was a positive, but I am struggling to see what keeps this moving higher at this point, at which point the chart likely rolls over.  

    If there are no surprises, or the broader market has a couple of down weeks, I could see this back at $2 and if it consolidated above that level, that would be hugely positive for the future.

    Next news after the HY likely to be the QTRLY at the end of April, where they will probably announce the commencement of flights / sales into Canada. 
 
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