Club Mulgoa

Monday, February 07, 2011

NEN

I get a nicer high with a stock recovering from loss to profit than seeing a stock multiplying in value.

If you look at the chart for NEN, this one is climbing the wall! I have been harbouring a loss on this company for so long. But I never sold it because I like its story. In fact, I like its Vietnamese exploration so much, I topped up at 12c in Oct 2010. Only in the last month, has this stock started to be noticed. It has other tenements too.

Patience is a great virtue in investment.... especially when you know the company is good but will take time to be noticed! Now it is 28c.

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