InvestorsHub Logo
Followers 34
Posts 2834
Boards Moderated 0
Alias Born 09/23/2006

Re: americano post# 1554

Saturday, 12/02/2006 6:26:26 AM

Saturday, December 02, 2006 6:26:26 AM

Post# of 17133
well, i hope you prove correct- but considering the .04 news, i would have hoped for more support for our falling pps. I offer the following SPECULATION as to why we fall: 1. the sector sucks thanks to media beating daily the housing dead horse. 2. The .04 in "profit" is acquisition-related only (a suggestion i coerced from another board from asking about sfnn)? 3. the mkt overall is scaring folks away from most penny stocks. 4. Sfnn remains absolutely unknown and unheralded. 5. the "shared-ceo" with-that-"other"-company issue confounded too many. 6. Shorts (that overused "go to" to explain why penny stocks keep going down).-----------------------------Now, i may have left something out (and hopefully the good bashers here will elaborate), but my money is going to remain in the sfnn pot for the following reasons. 1. My God! Audited financials! (a rarity in penny land). 2. .04 is .04 in earnings no matter how it is come by (yet another rarity in pennyland). 3. The ceo is devoid of scam, chicannery and subterfuge near as my dd can tell (the rarist or rarities in penny land!). 4. SFNN has a year over year history of being an actual company. 5. SFNN appears to do well DESPITE the obvious sector drawbacks at this time in housing's history. 6. The SFNN business plan and strategy hints of mega growth for its future.----------------So here is my take on the good, the bad, and the ugly of sfnn. Please let the board this weekend add or subtract from my observations in this post.----------------FULL DISCLOSURE: I own sfnn stock. I am a realist. I see sfnn as extremely undervalued at this time. But i also suspect and fear that without some kind of volume-gaining catalyst, sfnn may remain undervalued until next earnings. This is the fault of mgmt's failure to tend to the marketing and promotion of their endeavors. Chart-wise, i stand by my negativity- it looks like .02 will be in our future next week- unless some serious new interest arrives for our stock. I find it odd that .04 in earnings has not generated any "big money" buys. This part confounds me- SFNN appears to be such a no brainer at these prices.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.