Mark,
Notwithstanding those famous pom-poms, I for one am extremely encouraged by the stability shown by our beloved yet often maligned Naxos.
Given the sharp drop on previously unseen volume one would have expected Naxos to test both the under five dollar region, as well as my ability to keep my dinner down should the price have actually slid from there. But neither situation came into play and we have actually seen a slight bounce, showing a small amount of support at these levels.
I for one never thought this or any other equity would go straight up, yet I wouldn't have the guts(read that brains) to sell at a higher level hoping it would eventually come off, to then repurchase.
Therefore like most of us, I sit and wait for the forthcoming hopefully good news.
Just a thought, as everyone seems to talk about the potential windfall in dollars Naxos could conceivably bring, has anyone thought about the windfall of time which would also be forthcoming. Just think of all the time spent composing posts, checking for new posts, scrutinizing posts, and basically checking the internet for quotes. Not to mention the time spent calling the brokers, and lastly, just daydreaming of the potential rewards. Boy that is a tremendous amount of time, one could play a lot of golf.
Regards,
Lorne S. Cohen |
