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Tuesday, June 05, 2012 7:31:48 PM
I am long-term on this, as anyone who has read my posts knows (and it's also suggested pretty plainly in my user name). However many savvy traders are wisely and cautiously following the course of this stock throughout the day and trading it on a daily basis (and making money at it). So since you already HAVE taken some risk, the next question becomes not whether or not it was worth it to do that but what is your investment goal in the coming days/weeks/months? The wording of your question suggests to me that you are willing to be moderate to long-term on this without necessarily having the intention of increasing your position (although it's possible that you do). If I'm correct about that then I believe it would be wise to hold; if you ARE willing to increase your position then I believe now's the time to do it as you'll pay a premium in the future by waiting (please understand that these are opinions - not advice). The company is just starting to roll and get some real traction, IMO. There are good things ahead, I believe.
Disclaimer: apart from investment strategy, and how we each approach the market, none of us here really has any inside information beyond what you have been able to read for yourself. You asked for a statement of belief, so this is what I have offered. I'll be honest with you and inform you that there has been a very diverse mix of sentiments expressed on here over the past few months. Much disillusionment and frustration has arisen out of expectations that were not met. However, as I say, things are beginning to look up. I think you'll be pleased with your decision to take the plunge soon enough. And when I say that "now" is the time to buy if you intend to, I don't necessarily mean tomorrow or the next day or even next week. I just mean sooner rather than later. Please accept this as opinion, rather than advice.
Welcome aboard (to NOUV and also to IHub)!
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