NNRF Inc (NNRI)

[Johnnyv]

Dewey on any trade you must always have an exit point , both on when it is time to take profits or take losses.
that being said the next thing you have to think about it how much more pain you can stand. I do not know what you "pain threshold "is or how much you already have in paper losses.

The worst thing that can happen is that this stock goes to zero. IMHO I think this stock is going down to the $2.40-$2.80 range in the very near future, and I think there will be some positive buying. The stock still looks very very bearish and one needs to find a bottom and show some reversal trends.

It seems to me if you have time this stock might "run" again in three to six months. These kind usually will find a bottom and then be dormant with little volume for a period of time.

If you believe that this sell off is from holder of restricted shares then you have to wait until all of those shares are sold. Basically there are no buyers . Please what ever you do , do not average down (IMO).

Hope this helps and good luck in what ever decision you make.

John