I agree totally Dave, I wouldn't hold my breath for any substantial news either. Although the bits and pieces of news that we have gotten indicate definite long term benefits, I think we need news regarding $ to really supercharge this pup. It'll probably happen when we least expect it. Whenever you invest in "someone else's dream", like NVXE or bio-techs, or oil drilling, it's a crap shoot. Until it takes off though there's still money to be made here by working the stock, selling when it's up 20-30% and buying again when it drifts back. There seems to be a few opportunities to do that each year. Since I'm not a buy and hold sort-a-guy, this strategy works very well with NVXE.
By the way, as I mentioned I use Suretrade, and other than that decimal-transaction problem, I've been very happy with the service. It also provides 11 different research services, including 2nd Opinion, and just recently made available to account-holders 100 free real time quotes a day. In addition, they have a weekly market letter that predicts the market a few months into the future. While it's not foolproof, it's so accurate that it's scary. Oh yeah, all trades are 7.95 each.
Good luck this coming week to all, but don't hold your breath or else you might turn blue. |
