NNRF Inc (NNRI)

[stocktiger]

Wrong side of the ocean

I did not end up going to the company as the executives instead went to the USA yesterday. They have meetings there and I believe some very encouraging things going on.

I see they updated the the former SEC filing with additional information to bring it up to date in another step toward the SEC comment period and a move to the larger exchange.

This is going to be a great year and although this consolidation period in the stock is boring it does allow smart people to get in at the better prices. Also after a sideways movement the upside is often more dramatic. I have compared this to FRPT and although it consolidated at a lower level, a year ago, it had similar action and on the break out as you know went to $24. The point being is that we are in this for many dollars in gains and the pennies of up and down movement are just minor noise in the longer term picture.

This is for sure the sector to be in and at the right time. If you trade as well as hold long term than add some extra on this dip and you can take that as short term profits on the move back up.

They did pick the wrong week to be out of Moscow though - it is 79 degrees today - amazing.