The problem with NVMG at the moment is due to flippers playing the PR cycles. We see a lot of buying coming in the days ahead of the typical Wed PR and then a subsequent sell off. It behooves the company to change it up a little from time to time. Overall we seem to be consolidating quite well.
Fundamentally the company seems to be firing on all cylinders. Rig delivery and production numbers will be the catalyst for the next MOVE up.
It's nice to be invested in a company with many positive under currents into the forseeable future (Oil, Alternative Energy, Energy Efficient/Affordable Housing).
They also seem to have the all important "Karma" factor that Lowman talks about from time to time. They seem to sincerely care about improving conditions in the Indian communities.
Good goes round...the price will take care of itself.
-k
You're never as good as your best trade and never as bad as your worst. Stay in and win!
