I read these board messages literally with a grain of salt and give very little credit to people. You're putting thousands of dollars of your hard earn money at risk; it wisest to have your own opinion.
On top, these guys are chart readers which meant sh...t all unless you are day trader.
People still don't get it. NGW is still an OTC stock at the end of the day, eventhough with real value as we all agreed. By being an OTC stock, it will get this kind of move from time to time. People try too hard to find meaning behind everything and every move to justify themselve to stay in or get out. But what does that actually mean, it means that said person is just trying to make he or she feels better about the action he or she took.
The point - the fundamental has not changed and I think we all agree. So what has changed? - The pull back is the change. It changed people behavioural (not a permanent one, just a knee jerk reaction) in the near term. We shouldn't be surprised by this pull back. It was overbought and we knew it. We went up 200% in a mere 1.5 month.
Remember, the best thing that you can learned to develop in the stock market is your temperament.
I'll leave with a quote - "when the stock go up 50%, you dont feel 50% smarter. So, we shouldn't feel 50% less smart when it is down"
Hope I calm you all down.
