Most of my NRF and therefore NSAM were purchased in 2008 after dumping it on the way down in 2007.
My basis is under $4
A 20% correction? Not to worry.
NSAM has been created less than a year. Opening price $17,5
So it is up more than 14%
Is a 14% annual growth not a great return?
What fundamentals show it will fall further?
Without a fundamental change, I would not consider selling, Had I sold on down swings, I would not be up over 900% on this position
I have criticized Dar before and also appreciated his epertise
But you have to agree
He has never made a short term prediction
This is so far less than a week event
We do not know who is selling and why
So far, Dar has had a great track record on this stock, I for one am more than willing to let this play through
Fundamentals have not changed