Method - No, technically NN is NOT at a bottom, close, but it could get smacked around 'the valley' a little more which is why I intend to wait for a bottom. As for the company itself I really don't care what's on the plate etc., I'm in this to make money and the market is not forgiving. Personally I don't like Matthew's cocky talk, he's starting to sound like his severed Siamese twin Michael Copland but hey, if he can make it work, fine. I'm not angry at the ML downgrade, I'm more upset at the JP Morgan UPGRADE. This was a one-two sucker punch, the stock clearly needs to consolidate now, it's far too volatile at present. Good luck to all, our patience is being tested.
Randy |