Monday, April 30, 2007 10:49:26 AM
at NNSR, even if they are small players. Not everyone has millions, and readily risks tens of thousands on an NNSR-type play.
Personally I'd welcome a hundred new little people buying into NNSR for a thousand dollars each with them having done enough DD to decide to buy and hold for the day that product goes to market.
If that all of that hundred each told a few friends, it might mean 200-400 newbies owning NNSR ready to hold instead of flip the devil out of it every .002 up and whip-saw it back and forth at this level!
The more shareholders big or small, the better for NNSR IMO.
"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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