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BraceFace

BraceFace

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I have been watching and trading Novogen with interest for about 3 years now.
Just yesterday they dropped below the $4.30 mark for the first time in over 18 months.
Then this morning, another positive announcement and a price jump up 15c.

I really like this company. They have a number of products undergoing phase I and phase II clinical trials - all with pretty decent results to date.

I have just bought back in and I don't think it will be much longer before this one is pushing the $6.00 mark again. I sold out a couple of years back at around $8.00, so even this price is achievable.

check out www.novogen.com/
Anyone else prepared to comment on this one or possibly post a chart?
 
BraceFace said:
I have been watching and trading Novogen with interest for about 3 years now.
Just yesterday they dropped below the $4.30 mark for the first time in over 18 months.
Then this morning, another positive announcement and a price jump up 15c.

I really like this company. They have a number of products undergoing phase I and phase II clinical trials - all with pretty decent results to date.

I have just bought back in and I don't think it will be much longer before this one is pushing the $6.00 mark again. I sold out a couple of years back at around $8.00, so even this price is achievable.

check out www.novogen.com/
Anyone else prepared to comment on this one or possibly post a chart?
Click to expand...


I like NRT too. Over what time frame would you like to me to show BF?
 
OK here's a weekly chart from the low in Sept '02 with 30 week MA FWIW(ah lah Stan Weinstein)

Looks to be support somewhere 'round about right here where it is.

Cheers
 

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I'm no chartist, but this one looks like it's about due for an upswing to me.
Good news today - up 3.74%

Any charting experts like to comment?
 
Seems like I spoke to soon!
Back down to $4.27 today - right back where it was 48 hrs ago.
Strange in view of good announcement yesterday.

Very fickle indeed.
 
BraceFace said:
.......Anyone else prepared to comment on this one or possibly post a chart?
Click to expand...

NRT - GREAT stock of the future (this year I hope) I have been in & out over the last 3 years - now out! I sold out when it dropped below $5. (sorry, I cant hold a falling share!) Phenox is amazing & IMO will get FDA approval soon. I only hope I dont wake up one morning & it is in trading halt & I have missed the boat. Hence I watch it like a hawk, looking for any sign of an announcement to come. :cautious:

cheers

PS T/A looks weak at the moment! Looks like it will retest the lows os Aug '04

Best Regards
 
Well, it's the usual story again......
Positive news and BANG - share price drop :cautious:
Since my last posting NRT has dropped from 4.40's to 3.90's today (and falling) - 24month lows
I am unaware of any good reason for this fall but I suspect it offers a good buying opportunity for punters.

Comments anyone....
 
OK now I'm really blitzed!
May 2nd - positive news on Phase 2 Clinical Trials - Share price 4.40
May 20th - Share price 3.58 and still on a downward spiral.
No other announcements in that time.

Am I missing something here or is this a BRILLIANT buying opportunity? :dunno:
 
guys
what do u think is happening to NRT? is it on a downtrend?
it went up to 4 from 3.6, but now to about 3.7.

i bought it at 4.1

how long do u think the downtrend below 4 will last?

this used to be my favourite stock last year, everytime it drops to about 4.3 or 4.4, it will shoot up quickly to very very high by nearly $1.

but but now.... :confused:
 
imaginator said:
this used to be my favourite stock last year, everytime it drops to about 4.3 or 4.4, it will shoot up quickly to very very high by nearly $1.

but but now.... :confused:
Click to expand...

This is exactly the reason I got a bit excited the other week when it dropped into the 4.30's.
Usually Novogen is a great trading share. Buy in the low $4's sell in 5's or 6's a few weeks or months later.

Any news the company puts out regarding it's products or clinical trials is usually well accepted by the market. But ... as you say, not this time.

I bought in at 4.47 and I am currently taking a hit, but I remain confident the NRT will be back over 5 bucks pretty soon. Blind faith perhaps, but previous history suggests this is will be the case.

I'd like to ride them all the way up to 8 bucks again...... :rolleyes:
 
I am not holding any NRT but have been looking at it movements for a few months. My friend get it at about 3.70 and see it at around 4 at its last rebound. It looks like it is in the falling trend. It jumps up by 7% yesterday :D and the trading volume is pretty good. Will it ba a sign of its short term rebound perhaps back to 3.50? :confused:

BlackT
 
BlackTie said:
Will it ba a sign of its short term rebound perhaps back to 3.50? :confused:

BlackT
Click to expand...

Jeez i hope so.....
This downward trend has been going for a while and I can't really see a reason for it.
Biotechs/Pharmacueticals are certainly not the flavour of the year.
Look at MBP and PSD also - both struggling at the minute.
 
What the *#@k is going on with this company!?
I know the market is down today and things are a bit shakey but come on, this is ridiculous or should I say red-iculous.
Now down to $2.23.
This was over 6 bucks not that long ago and no poor announcements since then.
Ideas , thoughts anyone?
 
It is in a down trend and people not have any holdings just keep watching on the sideline for the moment to get in. But I wonder why there is no fundamental investor buying. Is it over-valued?
 
BlackTie said:
Is it over-valued?
Click to expand...

I honestly thought it was UNDER-valued at 4 bucks, and thats when I bought in. If it is not undervalued now, I'm not sure when it will be...

If one of the big brokers puts a buy on this, or if some positive news leaks out NRT could go ballistic. In my opinion anyway.

I like to know the opinions of anyone else out there that watches NRT.
 
Novogen WILL be a star IMO. Phenox will be a blockbuster drug, and they have much more.

The delay in getting thru FDA has punished the SP. I have been slowly accumulating, but we need to be patient as the current trial, although a formality, has to be completed. NRT will begin to move during the last Qtr as buyers get set for FDA approval. I dont discount that tax-loss sellers might be to blame for the current SP weakness, and that buyers could come back in post-July, hence I have taken a position again now after selling in the $5 range.

My call: Acumulate on any weakness .... this will be an Aussie beauty in years to come.

(I hope I am right & so is my bank A/c .... :p: )

cheers
 
What do u think of the recent reversal of NRT?

The volume looks low. Looks like someone is trying to push it up.
 

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