Q: Everyone, you indicated recently that you will give NVEI two more quarters - I assume to make a decision to sell or buy. But the 50 day MA crossed the 200 day MA. It has recently passed to most recent high with higher highs and higher lows. The chart is giving positive signals. Are you still more cautious or more bullish? Clayton
5i Research Answer:
We believe more in fundamentals than technicials, but the latter is good right now, and the stock is acting better. We would be a bit more positive.