NEA going gangbusters, page-56

Thanks Birdman.

As usual the fool commentary is extremely general & open to lots of interpretations.

Personally I read this and I think using the last pull back of NEA as a guide, maybe I can workout a possible entry point. Back in late Oct 2016 to early Nov 2016. A good rule of thumb for this “pull back” could be roughly 25% from the peak.

So if the Morgan Stanley projection of $1.3 holds true then a possible 25% pull back from this price might be $0.975 !

OMG, so even at the current price of $0.83, Nearmap is still trading relatively cheap.