It is so clear to me that this stock and, I dare say...probably more than half of all traded stocks (!)---is exposed to gross manipulation on a daily basis. Watching shares rise more than a dollar one day and then drop with a resounding thud the next---all without explanation or visible cause other than to manufacture volatility---I find this repulsive. I was buying this stock long before the ticker change to NEWN. I made some decent profits along the way. Now I hold just 500 shares because I'm unable to benefit from corporate performance, thanks to market manipulators with millions of dollars available to corner and sway the company's audience.
Remember when we finally gained our listing and, presumeably, a broader audience? Bingo! The share price dove twenty feet beneath the surface. How absurd!
There is no certainty that we shareholders will be better off even if the company succeeds on all fronts and does spectacularly well. So long as market manipulators control the game and keep it rigged, we will never get more than a jackal's worth of crumbs.
I do stock work for my living and do well enough to be happy. But it's never easy and always there's this feeling that I've got everything on the line. You know what? I do! And that's what it takes.
WT
