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NLST - Hurricane Stocks postition now into Sep/Oct
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[QUOTE]Originally posted by Zack Donino: [QB] I always appreciate the opinion of critics, because I do believe that some times all the favorable opinions build each others confidence to the point where confidence levels may be displaced. So I do not feel the need to bash you Purl Gurl by any means. I will however strongly disagree… I have been holding this stock for a few weeks and it has been gradually trending upwards. Once the first storm of the season “Chris” formed the hype and magnitude of buys gave the stock a huge jump that it could not sustain as “Chris” became notable weaker. However once a large storm forms and shows strength to make land fall on the US, the stock price will absolutely sky rocket. This is not a pump and dump it is a hurricane stock that will be totally dependant on the hurricanes themselves. At a time like now with little to no hurricane activity the stock will fluctuate around the .46 level. However at times when there is a lot of hurricane activity the stock will imo rise to a peak of $3.50-$3.80. In short Purl I am not going to convince you and you wont be able to convince me, so I guess we will have to agree to disagree. [/QB][/QUOTE]
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