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Re: diamondjim2006 post# 978

Thursday, 04/12/2007 7:12:12 PM

Thursday, April 12, 2007 7:12:12 PM

Post# of 40474
diamondjim... I understand YOU are not the one who dumped the 5M shares...

but I just am having a hard time seeing much profit in flipping shares for .0001/share...

it MUST take a huge amount of shares flipped to make much of any profit.

If NNSR was at the 0.04-0.05 range... and...

If this was moving up in .01 increments and a person was flipping 40K of 50K shares, I could see making $500 a day on flipping it if volume supported that without keeping it in the tank.

But the difference between flipping for .01 and .0001 is considerable... that's all I was saying and I based it on what you had posted...

I am well aware that there are probably more traders in these stocks than those of us who buy smaller positions and await the long term success. There is never anything wrong with risk management in one's investments.

But I believe NNSR is going to have that success... and probably before the end of this year it will be enough higher to make everyone happy!

JMO...

"I call investing the greatest business in the world because you never have to swing... All day you wait for the pitch you like,... The problem when you're a money manager is that your fans keep yelling, 'Swing. you bum!'"
W. Buffett

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