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Strategies & Market Trends : Trader J's Inner Circle
NVDA 190.23+1.8%Nov 14 9:30 AM EST

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To: Trader J who wrote (4396)1/14/1999 1:09:00 PM
From: j.o.  Read Replies (1) of 56533
 
(S) NMGC

Been away from the mkt. for a few days...moving house.
Update on NMGC:
No important news at the moment. We have seen the stock trading weaker, and touched the support level at 18 and change yesterday. If history is any guide, we may spend some time churning around these levels, but it seems to me that 18 should hold. I still like the fundamentals of the stock.

I am considering trying to get some 18's over the next couple of days if we trade down. I hold none at the moment.

Annual earnings report is scheduled for Feb. 15. I will try to get the touch on whether or not they will surprise to the upside, like they did last quarter (by 4 cents).

j.o.
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