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Monday, April 02, 2007 5:05:24 AM
"I missed the entry point for NNRF last week, what should I do now?"
I showed a chart of FRPT a few posts back as NNRF may follow a similar track. If you intend to hold the stock a while - buy it. If it dips some - buy it. You do not have to make your full purchase at one time so average into the stock. The Company ECOL that does radioactive waste management has a market cap of $350 million and trades at $19 and had sales of $118 million. NNRF will need to be $10 to have only that market cap but their sales in 2008 should be much higher.
Remember that not many yet know of the company and you cannot yet buy it on the Russian stock market so when it is available there they will have to pay the going price which may be a lot higher than now.
I am a consultant for NNRF, Inc and own personal shares
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