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Re: Capt_Smith77 post# 8736

Wednesday, 07/16/2014 10:58:41 AM

Wednesday, July 16, 2014 10:58:41 AM

Post# of 27076
Let's not forget that the name Martha Stewart has opened many retail doors for NRTI. So even if sales didn't take off as fast as expected, there has still been huge value for NRTI in the deal. But this value comes at a cost and brings a risk. I only want people who are doing DD on this company to realise this. Those who see MSE as an asset have to do their exercise all over.

Having said that, and as I've mentioned before, I expect a turnaround in SP in the next month. Either sales are much better than ever before or NRTI is going to work as hard as they can to compensate bad sales with some substantial news on what's coming.

But I leave it to the traders to make more precise predictions on what will happen. For value investors it's clear by now NRTI is going to need too much time to be a valid investment. It was Warren Buffett who once said: Time is the enemy of the lousy business. And he's right.

I'm holding 240000 shares at the moment. I might add if the SP starts rising again and comes above .10 I plan to sell 1/3 at .30, 1/3 at .60 and 1/3 at .90 I'm counting on the traders to get there by the end of the year (;

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