See, this is what NITE has done to everybody. You are convinced that we are in a holding pattern until we see fresh news. What makes you think the company can ever go up on good news? NITE has managed to rob this stock of positive momentum on 43 of 48 positive press releases in th past 18 months.
At the same time, even Reuters showed everybody that the company has more than cut their losses in half and more than doubled their revenues in the past two years.
Net result is no change in the number of shareholders and yet the stock lanquishes 93% off its highs and 68% below where it was before Trump was ever announced.
There has been nothing priced into this stock for the 8 press releases of positive news contained in Monday's report.
Let's get some of that positive momentum first then we'll worry about the other 42 positive news items that went unrealized without moving the stock.
Once all that happens, then the news you say we need will be what it should be for; taking the stock to new highs.
NITE is achieving their goal; wearing people out of the stock.
Not any more.
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