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11-11-2011, 12:21 AM
Noble doesn't really attracts, as a company due to the reasons by musicwhiz..But it is similar to some stocks like NOL etc, where it is highly cyclical and would be a stock to watch out for, if someone wants to play this theme of buy or sell at the bust or boom respectively (since it is quite robust in a commodity bust scenario)
So, one would want to question whether the commodity cycle is currently in a 'bust' state, before deciding to take a position, whether long or short on it?
So, one would want to question whether the commodity cycle is currently in a 'bust' state, before deciding to take a position, whether long or short on it?
I am not a certified financial advisor and so nothing of what I say should be construed as financial advice. Please consult a certified financial advisor for advice instead.