Seeking Alpha
Seeking Alpha Portfolio App for iPad
Finance
(1)
  • wllmsbb
    NES what am I missing?
    8/6/12
    Reply (8)
    • Bob de'Long: Was an Qtry release at 16:00; then a conference call. I don't follow it; so that's all I know
      8/6/12
    • jvix: Heavy short float, large capex, and association with nat gas. Growing (hopefully) company stuck at the bottom for now.
      8/6/12
    • briandiplacido: Earnings not shabby at all. Will be watching tomorrow at open, if it sells off to 52 week low, could be an opportunity.
      8/6/12
    • briandiplacido: Would have never imagined I could buy NES under $3. Traded it for a loss up in the 5's.
      8/6/12
    • chuckholladay: Brian those earning are not really so hot if you look closely there was a tax break of some sort that saved their ass and the cash burn.
      8/6/12
    • chuckholladay: They could run out of money pretty quickly.
      8/6/12
    • briandiplacido: thanks Chuck. Just realized I probably can't buy it anyway--margin rules, y'know. I like the company though. Did note the tax break bit.
      8/6/12
    • wllmsbb: I bought in at a little over 4 expecting bumps along they way. It seems emotion not logic grabbed me. A longer term play than I expected.
      8/7/12