Quote:
Originally Posted by JL514
rafiki are you still holding NVTR? Been waiting for it to dip into the 6s again but I guess the wash and repeat cycles are over
Haven't sold yet (on the second go 'round). I don't think the retail investor will be fooled again this close to the last rollercoaster run. I'm mostly waiting to see how it responds to testing $10.
I do think shorting their next earnings is probably going to be a decent play based on what the CEO said on the last call. With their expenses going up q over q and the 12-18 month time frame he sited for his sales guys to get mature in their territories, I can't see how sales will be anything but short term disappointing. Shorts will probably use that to their advantage.