UP,Practicing Accountant Wrote: Uncle Panda is probably looking...

UP,

Practicing Accountant Wrote: Uncle Panda is probably looking for bamboo shoots.

UnclePanda Writes: I dont get it lol?

Good to see ya Uncle Panda. Meant in jest. Panda looking for bamboo shoots = UP grazing on other pastures. Sorry dry joke, my specialty.

I agree with you re NM's communications. The only reason I have been holding this is because of NM's constant buying record. If the spike today was due to a change in fundamentals it will keep going up. If the spike was only due to the tip sheet, it will go up for a few days and then fizzle out once the novelty wears off so to speak. A similar spike was caused on 4/2/2011 by a previous tip by the Inside Trader (see http://www.hotcopper.com.au/post_threadview.asp?fid=1&tid=1382127&msgno=6332720#6330073.

On the balance of probability I believe it is only due to the tip sheet. It is too much of a coincidence that this tip sheet was published today with the resultant movement yet people were happy to flog this off for 33-35c yesterday.

If there is something else which has changed fundamentally (e.g. port allocation or takeover), holders will be immensely rewarded. The risk-reward ratio is such that it makes sense to hold at least a few of these, and if you can, trade a few to make some coin.