(BTFD = Buy The F$%#$ng Dip)
NGM is down on low volume attributable to bold short sellers. The stock has not left its channel beginning in November 2019. In our view, shares are being offered today at a discount and we anticipate a move into the $20 range in the near-term.
I personally topped off my NGM position today adding between $18.15-18.47
For more of our research on NGM, click here.
Good luck and happy New Year!