InvestorsHub Logo
Followers 70
Posts 9741
Boards Moderated 0
Alias Born 01/21/2007

Re: maddogs post# 1881

Sunday, 02/04/2007 1:36:20 PM

Sunday, February 04, 2007 1:36:20 PM

Post# of 33904
MadDog....bottom line.... plays with strong fundamentals should absolutely NOT BE i/o (in and out)trades. At this point NVMG is in this group of strong fundamentals for positions to stay the long run and let the story develop.

Initially, I started with UPDA as a long term hold....made some $ and then when the PR release / printing press float game began; I closed my initial long position took the profit and decided to play the i/o trade with UPDA with a day trade mentality. If you follow UPDA, the PPS goes hand in hand with PR's in the AM, followed by PPS drop at after the open (start-up the press), then a strengthen PPS at the end of day....UPDA cycle starts all over again. Who knows if UDPA does execute their plan then at least I have some skin in the game....until then if this current strategy continues to work...so be it.

Being new to NVMG and reading your posts as well as Lowman....I agree that NVMG is a different animal than UPDA and absolutely the i/o or day trading strategy is not the way to play and maximize any profits.

As I said I agree that NVMG has the potential to be an excellent long term hold that can deliver the Hemi type of returns.

Kels

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.