Hoffy: NM - It wasn't so much that I finally saw the light as it was that I could no longer ignore the light. I have been trying to reach for some tangible valuations for some of these net stocks: COOL, EGGS, ONSL, AMZN, EBAY, DRIV, etc. It is too difficult to find.
I don't see that much different in NM that makes it special.....and that realization alone is what shook me from my valuation stupor. They have the same type of news, content expectation, delivery, etc. and yet it is still, until now, has gone unnoticed. There is no reason that this should be trading in the 30s yet, there is no reason that it should not be.
Plus, one very nice bonus of NM is that they do have globalization in that they already have a presence in many countries, not just the US. This alone could be tremendous.
So, in short, Yep I am on board. For how long, I am not sure but I will continue to keep and eye on it and am going to do further DD tonight. If the nets keep up their winning ways, this stock could very will explode.
Yes, I realize I sound completely opposite from my position last night.... not fighting the trend.
Anybody have their website info or URL? Thanks.
TJ |
