Fein, ANY move by NMC with less than 10 million shares traded is really nothing.........positive or negative. Actually, the number should be more like 25-30 million, but that really isn't the point.
Today, a little over 250,000 shares traded. Nobody that I know of is sweating the fact that the stock was down 38% on 250,000 shares. Frankly, I wouldn't care if it were down double that number. PPS for NMC only matters when real and material numbers of shares are traded. True, I enjoy the small jumps........even though only a few million shares trade. That said, I know (and all long shareholders likewise know) that it really doesn't mean anything in the overall realm of things. When NMC trades multiple tens of millions of shares for several days in a row, something will be going on.......positive or negative.
Then, and only then will jumps or falls of 38% mean anything at all.
All of the above is my opinion only.........which is what the majority of all posts on stock message boards are.
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