Liam, I think the penny just dropped, I was trying to find a newsrelease or something on NNRGA and then I thought about your message and the .5 and the $2-3 to break even, that could only mean they had a reverse stock split. Is that what you meant??
If so, I dont think that is good news. They had one sometime ago, before I bought, after I bought I found about it, and it did nothing for the stock price, except drop. So I really dont know what to think. I personally will just hold on for the ride, I dont have that much invested that I need to panic over, so will just sit tight, if it goes belly up, so be it, I will chalk it up to experience. I do know that Waterford Investment invested a bundle into the company, so I cant believe that, or dont want to believe, that they do not know what they are doing but could be.
If you have any thoughts I would love to hear them....
Regards.
Gary |
