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Big Mur

02/17/07 1:29 AM

#4126 RE: kojira #4125

More and more people are seeing the long-term potential of this stock. The more shares longs get their hands on, the less chance of there being an out-of-control sell-off.

As it is now, everytime a new group of flippers or momo players finds a point to bail out, it's mostly new and current longs that are buying it up IMO.
The longs are less likely to chase the price up. When there's enough shares in their hands, the moves up should be more of a steady climb, where there's uptrending, then a short period of cooling off and churning/accumulating. Each time the former resistance will become the new support (as it should be.)
With NVMG, eventually the fundamentals will likely become the driving force.
There is much more profit to be made long term, (and with much less stress and effort,) than any flipper or momo player will ever come up with on it. The smart money will go long and hold on NVMG.
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emilson

02/17/07 8:33 AM

#4127 RE: kojira #4125

I would also say only a fool puts up his whole position up for sale. You should do it in small increments so you don't screw up the market and yourself.