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Well put quickrun. Let the chart tell us when it hits bottom.
I do think Jelly is sort of tongue and cheek with his posts.
Chart on small caps. (if this works) one can see that like lots of indexes small cap is not looking that great.
http://stockcharts.com/def/servlet/Favorites.CServlet?obj=1871846,1&cmd=show[s54293224]&disp=G
Sorry the link is too long.
Nothing wrong with taking profits. Sell high buy low.
Money I do not have the chart in front of me but I think somebody sold 35k from .80 cents to .75 at around 10 am.
It seems that the market just plain looks ugly. the "small caps" stock index looks the most bearish of all, it does not look very bullish for all stocks in the near future.
"more buying than selling" Not true. Big SELLING between 10 AM and 11:15AM. Some buying in the last hour to move the stock from .69 with a 15k buy near the close to move it up to .74.
Stock Tigers real name is Richard Crockett. It is rumored that he was a buyer of NNRI on Friday.
I am sure that (ST) will announce his intentions of those 50k share s in the very near future. If I was a betting man I would think that he would hang onto those shares.
I must say that I am quite pleased that ST has changed his voice in regards to the chart action of NNRI. It seems to me anyway that he is very impartial in his interpation of the chart, mixed with a dash of optimism and confidence in the Fundementals of NNRIL.
2k shares traded for last trade
Sonic I live in the Toronto area (Brampton about 20 miles northwest of TO)
This is why I love the pinkies. I had a bid in for .76 cents with IB. The MM just sold 500 @.75.
Hi Gibson, where you been??? I think our friend is adding a little fun to todays proceedings. I think he is very tongue and check here...
that being said this chart is starting to show some life. decent volume (not great not bad) nice little gap away from .75... maybe finally something positive here.
Money is that you buying??? LOL
Moneyguy knowing my luck ;)), since I have to take my wife out for valentine's lunch today, I would guess that NNRI will move this afternoon. LOL
Money you are right on!!!!! I saw a 10k trade go through at .75 but other than that nobody buying and nobody selling. I am crossing my fingers for you all.
Scorry I know you do not like to hear about charts, but what IM is saying is true in that the NNRI seems to be basing. volume not great at this time.
It is also encouraging to see that the big buyer is only buying five million. LOL
Money I am dying of curiousity. Is a foreign investor buying billions of shares???
sonic sometime a guy just can not have fun. lol
Jet is NNRI an investment for you????
Hedgy talk about banging your head against the wall. Dealing with Pusa in reasonable and intelligent conversation is impossible. Talk about tunnel vision. LOL
Hi Gibber, honestly I know nothing about Russia or the fundementals of this company.
I am a TA swing trader that "ventured" into the land of pinkies. I frankly thought that this was a hype job way back when and bought this stock for greed reasons. I bought at 3.04 anticipating a big payday. That was done on my own accord and I gambled on a pinkie , which is against my own rules.
If you would still like to have my private email we can arrange that through Yahoos board at NNRI. Just give me a response and we will go from there, but I really do not know anything about NNRI.
Yep negative enough. Blind attacks , pointless... what have you been reading. Without Question ST was not "truthful" when promoting NNRI when the chart read just the opposite.
Again proven you are a ST cheerleader and are oblivous to the facts.
He better worry about "reputation" if he is continuing to be consultant to these companies. His resume is based on his board work and the amount of people that hit this site, yahoo, st, etc. If this was not true why would any company need ST to "promote" their company. If these same companies thought that ST was not credible would they use him???
Finally for you to say that ST was chased off this board this is another of your cheerleading /nonfactual statements. ST was on this board five or six days ago, I feel he does not come to this board, as often as you might think he should, because he can not post willy nilly without any kind of accountablilty. when his credibilty is questioned he can not just throw posters off this board.
Pusa, reputation can be very important. For example one might say your reputation on this board is that you are known for pithy statements usually with a "negative" statement to a poster. One might also think that you really do not contribute much in the way of facts, and they might even further say that you are a ST cheerleader, not matter what. Just my thoughts.
Of course Iwill be looking forward to you very short and likely "negative" response to this post.
Good Morning Money. ST's reputation has been ruined because of these "special stocks" that he has been promoting. Almost everyone of them have turned very bearish, therefore people get very upset when they are losing massive amounts of money. sT has been consistent in his "special stocks" in that they are all bad.
when I was on ST's message board way back in the summer of 2006 he started to mention this stock (NNRI) and how he thought it had potential, at this time the stock was extrememly cheap. Since NNRF was located in ST's new home town I felt he might have an connection to this company.
Of course the stock shot up to $10 and the action was on. ST had on his site how an older couple had invested and made a fortune for their retirement.
As time went on ST was still promoting NNRI and stating how he felt $10 was just the start and promoted this stock as a buy all the way down to this price.
Somebody on this board was able to find out that ST was a consultant for NNRI , a fact that Richard never mentioned until after that discovery. TA people knew that Richard's recommendations were not founded in the charts , I believe that these two factors have "tarnished" his rep.
In regards to PR reports , companies hands are really tied on what they can say, basically they can only state the facts. I know over the last six months or so that the company has had a couple of PR statement which in my opinion were really a rehash from where they are. In closing i know that to have these PR statements it can be rather expensive (not sure if this is the case here. )
I was on Stockcharts a few minutes ago and went to the "chart rain" link that they provide. along with RIMM and ICE etc NNRI was one of the most previewed charts. Very interesting.
Gibber the "bible" of technical anyalysis is :
"Technical Analysis of Stock Trends" by Edwards and Magee. The first edition was 1948. I believe it is up to at least the eight edition. I have the 7th edition.
the cost of the book is over $100 but it is the absolute best.
If you go to Amazon, or borders or what ever cyber book store I am sure you can read the book reviews. If you can get the sixth or seventh edition I am sure it will be much cheaper and is adequate IMHO.
I personally found the book to be very difficult (but I am not the shapest knife in the drawer) but now all of my investments decisions are made by way of charts.(except for NNRI LOL).
Good luck
Bravo Sonic.Well stated.
I can not stop laughing after reading ST's response to my post. Thanks for the basic lesson in TA. As you recall I was the one that stated the breakdown from that triangle at 4.65 with volume deemed very poor for longs and the implied measurement downward was in the 2.80-3.00. I have further stated that basic TA states that the move down from ten dollars and the consoladation in the triangle that you so kindly posted, implied that a breakdown of that triangle was certaily bearish.
This is the point where I stated that you (Richard)were/are an excellent chartist and therefore you knew that it was bearish at that time...but you were recommending NNRI as a long at this time. That is when I asked you if you were pumping and dumping because it was wrong for you, with your superior knowledge to recommend this stock at that time of breakdown to be a long. Why would an excellent chartist with a very lengthy history of calling them correctly according to simple principals of TA go against the grain??????
People believed in you and trusted you. You are showing your true colors by spinning about how there are exits and entrances on NNRI, but yet you are telling people to hold it long as it is going to be at least ten dollars, etc.
Richard you can keep making yourself look like the hero but most here now know what you are about. I will leave you with this...why would somebody that posts soo many breakouts and great charts fool around with these Penny stocks that frankly all look the same...down.
you have taken the "pump and dump" statement out of context. If y ou read all of my postings on this site you will get a flavor of my tone. I am not a "yahoo" poster, a paid hypster or what ever.
Anybody that stated anything negative about NNRI was cancelled of ST's site. Understanding that it is ST right to do as he wishes I felt it was dictatorship like to do this to people.
The facts are that from the time at $4.70 when ST was telling his brother to buy more, the stock has gone down , straight down, the charts were right and I think one can see how Richard will spin things.
to me PUMP means to promote something. for you to tell people to buy when the stock is breaking support is/was wrong IMHO.
If this is a "Fundemental buy" then fine keep it that way, but to state that people are fools for selling so cheap is also wrong. ST I am not interested in playing mental tennis with you, I know the truth and have it documented on this site. Please feel free to spin this anyway you want.
Richard you should be in politics the way you "spin" things.
First no question on your breakouts and TA accumen.
but the facts are that you "pumped" NNRI....period. I am not going to waste any more of your or my time on this subject, but I am not going to let you get away with stating that you have stops etc on NNRI. YOu played this techincally when it was your advantage to do so, and played the fundemental card when the TA was not working. So please spare us with all of your self rightous attitude, won't work with me.
Richard you should be in politics the way you "spin" things.
First no question on your breakouts and TA accumen.
but the facts are that you "pumped" NNRI....period. I am not going to waste any more of your or my time on this subject, but I am not going to let you get away with stating that you have stops etc on NNRI. YOu played this techincally when it was your advantage to do so, and played the fundemental card when the TA was not working. So please spare us with all of your self rightous attitude, won't work with me.
Richard you stating that you have support and resistance on all stocks, why would you throw people off your message board when they stated that NNRI had broken through support at the $4.70 and yet you were posting that people should buy at that point???
Richard are you suggesting that people should trade this stock??? Or should they make it a long term hold.
This baby is getting uglier and uglier. Short term TA says it is going down to .55 to .56.
Matt I still shake my head, how I could have broken all of my "trading rules". I am honestly still mad with my self. LOL
Good luck to you all.
Gibber I have to disagree with you in regards to the TA on this stock. Actually it has been spot on (TA).
The Icemachine is a waste of time. He has nothing to do with the management team and will say anything , and I mean anything to accomplish his goal... he is not credible. That is likely the only thing that everybody on this board agrees on.
Gibber funny you ask Roland if he is related to the Tiger.
Actually I had the feeling that Roland and ST were/are one in the same.
My first thought of this was when Breakpoint posted a link and Roland mentioned that it was against the rules of Ihub. I recall ST also posting this way back when.
Even the key phrases seem very simular.
Gibber at least you did not buy any more. See somebody sold 25k shares before the close today.
Gibber why would you want to buy more at this time. This stock is not showing any kind of turn around (chartwise) at this time. Why not wait for some kind of reversal sign.???
Moneyguy , stock tiger is a very good TA chartist. He really is quite good.
If you go to www.stockcharts.com and hit the "public" link at the left hand side, then look for the stock tiger public site, you can get a look at his work. He has some great charts.
He started off innocent enough on his own site stating that he had some special stocks that were long term and not technical. then he started to pump.
I see that about 35k shares bought at .72. Hopefully that is big support (I doubt it though). If it does not hold .72 then the next support is at .55. If it breaks through that ...well let us not go there.
John
If you play with Pinkies you play with your financial life. Barry Davis is out and out a convicted crook...PERIOD. His claims are beyond reason. And yet "people" still believe or at least hope what iceman says might come true.
As previously stated I broke my own rules in buying this stock (NNRI) because I was greedy. I was betting that IM and Stocktiger would have promoted this stock to the "moon". I like not many here ,know nothing about this stock or it's potential.
I broke further rules seeing how crappy the chart looked and did not sell when I should have.
what Iam trying to say is that these Pinksheets are great if you "play" with speculation money. they are also fun if you get these shares at a penny or less and watch the "promoters" promote.
Good luck all
Time you are correct. For all of you longs maybe this can clear .91 cents with some volume on Monday. There was some buying today (friday).
good luck