Hello Mavericks, well I decided to buy NSS this morning. Sorry...
I can't ignore the strength of the recent runup in the steel stocks. I also feel that NSS has developed a better looking bottom on its chart. In addition, I like the fact that it's trading below book value.
As for Mavk, last time the steel stocks went up as they just did, mavk did very well. So I am not convinced that the recent rise is a negative for mavk. I am just trying to error on the safe side, which sometimes becomes an error. ggg
The fact that mavk fell through its bottom while nss held on is probably a good sign for nss, but it might be that mavk is more undervalued and prepared for a greater run. Again, when the potential is as great as it is for both of these stocks, then I prefer to choose what I feel is the least risky of the two.
I thought about buying both, but I think I'll stick with NSS for now and switch to Mavk if the steel outlook changes. In any case, these stocks tend to rise and fall together, so all of this analysis may be moot.
Best of luck to all,
007
PS Oil Service Holdings: NSS, TCMS, UTI |
