Next Green Wave (fka NXGWF)

[Hunterdog]

I both agree and disagree BillyT. Yes, the market currently is clearly not enthralled with NGW, but there are always, always companies which are way undervalued AND given lofty valuations which are undeserved. ACB and CGC come to mind here.

Using the "market is always right" argument, then when NGW hit $.93 earlier this year, then that was a right valuation?

How about when Qualcom (QCOM) was shooting up 10% - 15% a day, every day for months on end years ago? Or JDSUniphase (JDSU) which went from $193.00 / share to $16.00 / share in a two month period? Which valuation was correct?

There are thousands of examples which demonstrate the contrary. If every security was "priced fairly" there would NEVER be any advantage to buying ANY stock.

But you are right when you say that there appears to be little interest in NGW's stock currently.

I will continue to accumulate however. I am firmly in the camp which believes that it is undervalued.