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S&P 500
5,815.03
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0.61%
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US TECH 100
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0.28%
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Dow Jones
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Post# of 94785
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gpg

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gpg

Re: stockm0n post# 22094

Tuesday, 01/05/2010 9:38:52 AM

Tuesday, January 05, 2010 9:38:52 AM

Post# of 94785
NEP - agreed. No disrespect to TA, but I think supply/demand is winning out over TA right now. The float for NEP is relatively low and this appears to be a stock that many individuals as well as institutions want to have a position in for this year. It is still trading at a relatively low forward PE. Not to mention, the price of oil has had a steady rise over the last few weeks. All that bein said, I sold a few shares yesterday, about 10% of my holdings. It's been a fun one to watch!
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