SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : NASI (North American Scientific)

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10PreviousNext  
To: Dale Jay who wrote (23)2/26/1997 7:47:00 AM
From: Ray   of 24
 
I am having the same problem with NASI as you are regarding averaging down. (usually regarded as a bad strategy with some exception, hopefully this being one) In the absence of more good news this stock may wander further downward as typically occurs after speculators take profits after an FDA approval news release. As one buys in and the stock further declines, the investor now has often a very long wait until recovery. I have been there a number of times and it is often a painful wait to recovery in my experience. Does anyone have any projections on how NASI will do over the next 6-12 months?
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10PreviousNext