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The last time I posted the stock was around 75cents now in the low 30's. I don't see how anyone can defend or discuss Noront in a positive way. The stock is now junk. I'll keep holding and hoping but I've come to realize that this was a good learning lesson with investing. Avoid the hype and invest in sound companies and not in speculation. I hope that any others like me who have held for years & bought near the highs can at least write this off as aa capital loss with any capital gain. Live and learn.
I'll be keeping NOT & hanging on but let me say this was a lesson well learned. This hub has to more open to negative comments. We should not sugar coat NOT. At 79 cents this is a disgrace. Management is surely not promoting this company period. What happened to NOT's SP is shocking. Wake me up at $20-----I guess NOT. I'll be reading the posts here & there but will no longer follow this forum. NOT is a speculative play & always was. Hope it rebounds but with this current management group I doubt it. To all share holders ALL THE BEST & KEEP HOPING for a TURNAROUND. Lesson well learned in the venture market.
bottom line NOT closed at 79 cents. Pathetic & sad!
Big boys like the banks can afford to buy ------ heck if it doesn't work out it's a writeoff. Don't read much into what they are buying. Bottom line the SP says it all. It's been reduced to junk. Long short hold buy etc. this is a speculative play & most of us are hoping for a BIG TURNAROUND. Hoping for it sooner rather than later!
I'm hoping 2011 brings the SP back to new highs, a NEW MANAGEMENT TEAM & to wake up all those other long term shareholders still sleeping waiting for this to hit $20!!. Love to hear everyone else's hopes for NOT in 2011. MERRY CHRISTMAS & HAPPY NEW YEAR to everyone, including the current NOT managemnt team.