Newlead Holdings Ltd. (fka NEWLF)

[Scud_amateur]

I got a few PMs asking about price targets. Sorry I don't have any and as I have said earlier am not a stock expert. I am a shipping professional and know for sure that NEWL is not a scam and is legit company. These games of stock dilution and debt are over me so my strategy is to play safe and just trade it.

Personally, I will play only long side as I don't like to short. No point getting emotional with NEWL.

I had sold my holdings with big loss (almost 30%) when the second unannounced r/s took place. No emotions and have traded it every since - made money as well as lost but yes made up the 30% loss. I went long a day before she got halted at 0.34 (not big size) but did not sell on open next day.
Added at 0.50 after the debt clearing news of Hanover as an investment since was waiting for that news. Got trapped in the halt but sold at 0.492 immediately on unhalt.
Back to my old strategy of not investing in this but just trading till the delisting issue is resolved thus atleast till 7th Jul.

There is a positive element in every negative news and a negative element in every positive one.
e.g We found Maple Crystal is their 2nd ship - for +ve ones they will accept it and watch out for the delivery news while negative posters can say its a scam since Maple Crystal also happened to be the ex-Name of Maple Amythist which was delivered last month as NEWLEAD Albion.

Good Luck to All for NEWL today and hope no one gets burned.