Understand you want the price to go up. The volume actually is high, indicating selling continues ($1.10 million out flow). NTI is likely to touch the 52 week low this week. It may bottom at that price.
It is hard to justify trying to catch a falling knife. I thought my buy yesterday to average down at 19.25 was pretty good and this afternoon it went to 19 so who the hell knows where the bottom on this POS is.
chance- I note some paid posters trying to scare folks on this post shouting "the street hates it" blah blah blah. But chance, I assume you are a real person.
"falling knife" usually happens due to some bad news. But no news today. Actually falling oil prices mean higher profits for NTI. "falling knife" also happens with big volume. Volume today was exactly at the average daily volume level. We each have to make up our own minds here. Waiting for the price to rise before buying never has made me any money. Buy low, sell high.
NTI a good deal at these prices. That's just my opinion based on the research I have done with available information. I always keep a couple stocks that pay dividends in my collection. REITs are a bad deal right now due to rising interest rates. BDCs are just OK. But NTI will always make money.
Idiots have been saying the price is a steal since $27
now they'd have you believe that it can't go below $10
There is zero reason why that is not possible with a sector, and
a stock hated as much as NTI. Yes, the street hates NTI, the longs down 45% won't agree
but the chart says it all.