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good luck. unless a maj cane or something unexpected pops it back up where flipping will be worth it, best bet is averaging from now through mar.
back in. just bought a nice chunk at .004. went through in one shot. Will be averaging down from here through winter. jan usually starts out with a bit of an uptick and then levels out til end of mar and beginning of april. then should begin its annual nice uptick. good luck to all and go NSMG. A strong cane now would be nice at these lows. Will be watching
True enough. it was just aheads up. it will be a play if it is a serious hit to mainland - that remains to be seen as with any cane
FROM HURRICANE TRACK.COM
There is one area that bears watching over the next several days. It is associated with a strong tropical wave that moved off the African coast a couple of days ago. It was preceded by a powerful SAL outbreak- very dry, dusty air. However, this layer of stable air is dissipating and is thus giving way to more favorable conditions over the warm waters of the east Atlantic. The NHC has circled the area with their yellow "low chance" designation and indicate that slow development is possible as the system tracks to the WNW. Taking a look at the global computer models, the GFS seems to latch on to this system to some extent while other models are not really doing much with it. As we know, conditions have been brutal for the development and sustainment of tropical systems this season resulting in only two hurricanes thus far- well below the long term average of six. We'll see what this feature does. There is some potential here and if it does not develop rapidly and curve out to sea, it could come fairly far to the west over the next week
MANCHILD
true enough, it ain't over till momma nature says its over. long history of maj cat canes hitting land late september and through october. i am not saying it is going to happen this year but then again i am saying it could happen this year. as long as momma is dealing im wheeling.
pride comes before the fall - careful
disagree NYPD. If a major cat heads toward the coast i am back in. Now if the pps does not move up then i will concede you are right and i was wrong. if it does you are wrong.
Excellent summary and some real wise advice there Rhino
Congrats to all that were patient and to the integrity of great NSMG folks that are running these offices and their workers and wish them and all investors best of luck in their new Denver Office and present locations. GO NSMG summer, winter, spring and fall. This is a great stock that helps restore and rebuild homes from damage done by the four infamous forces of nature: hail, wind, fire and water.
Manchild
you are right in that folks that waited will sell to profit from a spike but that is to be expected. myself and others will buy back in at any lows if a major cane play is on the horizon or pink release play. sept 1 may be your cutoff date but for many of us there are entrys and exits till cane season ends and that to me and others is not for another 6 weeks. GLTY my predecessor.
Sold out when Bill turned away from states. May get back in if there is a momo play but right now totally focused with nsmg and pr release and 2q and chance of more canes. Tropics still very active just a lot of adversity (wind shear, steering patterns. etc) this year. Could be completely different next year. BUGS is always a good cane momentum play. was this year will be next year. i like to buy in the off season when low pps and that assures a profit in cane time.
Correction up 18.75%.
Nice close today. UP 25%
i think you will be ok. just let it sit. remaining should fill. i would not chase it up but it may not come down if more folks are buying. hard to call
suprised buy still at .008 with well over million shares bought so hopefully you still get filled at that price glty
my order was higher but went through. so yours eighter went through or will shortly hopefully at .008
finally - full buy order went through.
scotttrade - norrmally never have a problem
anybody else having trouble with their buy orders. have a buy in at .008 since 9:30 am and not a share bought yet
manchild
good for you. you are in cheaper than most of us so you may be a winner if you play it right - good luck
Thanks Rhino for the updates. History shows that cane season is not over till the fat lady sings and that has not happened yet. Remember, we are all gambling with mother nature and like the olympics there is the agony of defeat and thrill of victory. like every race many get in but not all make it to the finish line. thats alright though - by getting in you learn and take your lessons with you into the next race - like next year 2010. But for many that are still in there is still another few turns around the track before this year is over and anything can happen cause mother nature is still active and so is business for NSMG.
Sold some today, kept some on hold, and have a buy in at lower pps. Where we are right now is really perfectly understandable in the light of no cane hit plays and no 2q report. until we get some action on either of these pps will float between .007 - .01. this week. But it is what it is and while mother nature is still dealing there are plays to be made but you have to adjust your portfolio accordingly - good luck everyone win draw or lose.
Rhino, you have anymore info on what may happen in the gulf this weekend. some hurricane sites say something is brewing.
Rhino,
Hurricane track.com talking about some action developing in southwestern portion of Gulf and there is already some pre-exisitng disturbance already. Here is what is said
Beyond that, I will be watching the Gulf of Mexico, mainly the southwest portion, over the next few days as the GFS model has indicated the possibility of some development. Water temps are very warm and we do have a pre-existing disturbance in the area worth watching.
Rhino,
Hurricane track.com talking about some action developing in southwestern portion of Gulf and there is already some pre-exisitng disturbance already. Here is what is said
Beyond that, I will be watching the Gulf of Mexico, mainly the southwest portion, over the next few days as the GFS model has indicated the possibility of some development. Water temps are very warm and we do have a pre-existing disturbance in the area worth watching.
Check out this bad looking boy coming of Africa. WOW - MANCHILD reposting protrade101 post
Posted by: protrade101 Date: Saturday, September 05, 2009 8:29:07 PM
In reply to: None Post # of 12381
take a look: Another large area of convection coming off Africa. This one is further south and the winds are showing a more westerly track. Gonna watch this one this weekend.
http://www.intellicast.com/Storm/Hurricane/AtlanticSatellite.aspx
WOW. that is hugh. biggest one yet i have seen yet coming off Africa. you are definitely right. this looks like one to watch going into next week. get map pic.
your absolutely right JM as usual = it only takes that 1 time and that time could be this week or next or after that. as long as mother nature is dealing im wheeling.
Potential Development of Erika`s Remains
9/5/2009 8:51 AM and an area of low pressure in the eastern Atlantic that could slowly develop this weekend.
Click on url for full story
http://www.accuweather.com/regional-news-story.asp?region=southusnews
Potential Development of Erika`s Remains
9/5/2009 8:51 AM and an area of low pressure in the eastern Atlantic that could slowly develop this weekend.
Click on url for full story
http://www.accuweather.com/regional-news-story.asp?region=southusnews
Hey - Bill made it to Scotland, ireland and england
WA News No57 - 25th August 2009
Remnants of Hurricane Bill strike Britain & Ireland in PERFECT FIT with WeatherAction's long range forecast! How can that be?!
- Bill just turned up 'out of the blue' as if to order
- Perfect hit of Scotland and perfect end to the 'barbecue summer that wasn't
Weather Action Monthly Press Conference Frid 28th Aug 12 noon WeatherAction Office, London Bridge Atlantic -
WeatherAction Tropical Storms forecasts now produced to Nov 09
WeatherAction's long range forecast detail for late August is working like a time machine. Piers Corbyn's detailed forecast produced on 5th JULY and repeated at start of August specified the 25-28th, and especially the 26th, as the most violent weather in Britain & Ireland of ten weather periods in August; then along come the remnants of Hurricane Bill - setting out 11 days before and traversing 7,000 miles of ocean to strike Scotland Ireland and Britian in the right region and right day. How can this be?
Piers said: "Indeed. How can it be; especially since 'Bill' was not in our long range forecast
responded back
Thats what it looks like to me. it could be a very interesting weekend. something to watch and talk about more over the 3 day weekend
close - considering we are going into a 3 day holiday and the wild ride today - not bad closed .12.
omega3man - you may be dead wrong about erika. i suugest you watch this video by an esteemed weather man on the tropics. and this shows the possible rebirth of erika on sun or mon as it heads toward mainland.
http://www.accuweather.com/video-on-demand.asp?video=24528283001&title=Tropics: Less Active But Still Needs to be Watched
very true - every year is different. go back in history and classic canes have happened in every month of cane season from june to november. here we are not even at the peak of cane season and doubting thomas's think its over. its not over till mother nature says its over - you know KISS (keep it simple stupid). by the way that is not directed at anybody just a saying that sometimes applys to all of us - myself included.
wow - that was fast. good sign
OK. Lets get back to positive side of things. Watching fox weather news during lunch time and now reading weather wunderbar both speakng of erika's redevlopment after it gets throgh the shear it is fighting/ cg. Also a large tropical wave with plenty of spin is now few hundred miles of care verde islands. Folks, as long as mother nature is birthing these tropical babies its cane season and we are only 1/2 way through the season. folks get dissapointed and impatient but any of these babies been birthed could be the one that pushes pps to dimes as one of our favorite posters say. now i don't say dimes but i get the message. Nickels is fine with me but centainly any of these could push it way over .02 that is for sure. Oh and the 2Q is just adding icing to this season and if its good as many say and think it is we will all do well for holding.
By Monday or Tuesday, shear may drop enough to allow redevelopment, depending upon the location of Erika's remains. Redevelopment is more likely if Erika works its way northwestward into the Bahamas.
A large tropical wave with plenty of spin is located a few hundred miles southwest of the Cape Verdes Islands, off the coast of Africa. Heavy thunderstorm activity has increased slightly in this wave over the past day, and it has the potential to gradually develop into a tropical depression by early next week. NHC is giving this wave a low (less than 30% chance) of developing into a tropical depression by Sunday. The GFS model continues to predict development of this wave into a tropical depression early next week.
I take some credit for driving it back up. bought a few hundred thousand at .01 and chased it up a little bit above that