NWL

Gutsy and logical... or foolish and lucky?

NWL had been tumbling.  It fell so badly that I went from strongly profitable to net loss.  When they announced their financial position just a few weeks ago, not being an accountant, I didn't think it was awful but it got dumped... big time!  But this stock has been one of my biggest top-ups and I kept buying a few times.  And each time, I wonder if I have made a stupid move and yes, each time, I felt silly when the share price kept falling or remained stagnant.

Obviously someone can see value in NML!  And it has been going for a sprint lately giving me a 24% net rise now.