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Northern Tier Energy LP Message Board

  • t4two45 t4two45 Sep 11, 2013 10:28 AM Flag

    Trying to Catch a Falling Knife?

    Noticed some are buying as these shares are heading downward. That is not always a good investment technique. A lot of fundamental and technical conditions come into focus when stocks begin to take a blood bath, as NTI has done. We've always done better to watch from the sidelines until it puts in a bottom formation. You won't get the absolute bottom, but you'll make fewer mistakes. Give the stock time to form a bottom. Then buy or average down if you own shares.

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25.05-0.02(-0.08%)Oct 8 4:01 PMEDT