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Re: HndtoHnd post# 227640

Thursday, 02/22/2007 5:42:37 PM

Thursday, February 22, 2007 5:42:37 PM

Post# of 358440
That's a funny comment considering NSS diehards do the same. Perhaps you would like the more mild version from the NY Times instead.


Still, the company had a strong following among investors who were drawn to its high dividend yield, which at $5.60 a share in 2006 was among the highest of real estate investment trusts. One passionate supporter of NovaStar who has acknowledged using a fake name, “Bob O’Brien,” went so far as to start a Web site, www.nfi-info.net, to rebut negative reports on the company.

Yesterday, in what he described as “probably my last writing here,” the investor had this to say on the site: “I am shell shocked after the conference that took place yesterday, and quite annoyed that I participated in the collective hallucination that led so many into such a disaster.”


http://www.nytimes.com/2007/02/22/business/22lend.html


Lesson learned: pay attention to your stocks and their industries rather than some stupid NSS boogeyman. If shorts start attacking one of your stocks either join them or get out of the way.


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"We simply attempt to be fearful when others are greedy and to be greedy only when others are fearful."
-- Warren Buffett

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