Monday 27 July 2009

The share – POWR – update

This is an update from the previous POWR post. I mentioned that it was dangerous and risky share, and that it could cash at any moment. This is exactly what has happened the share is no longer at the 500nps. It is at roughly 15 – 20nps which means that the people who have lots of Neopoints on this share have lost a lot Neopoints.

I think it will take a very long time for the share to go back up to the five hundreds. In fact, I don’t think it’s ever going to go up. I think that Neopets realised that people were making quick profits from this share, so decided to crash the share.

You will not make quick profit from this share, so I don’t recommend buying any of these shares. Also, don’t stockpile the share in the hope that it will increase in price.

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