NNRF Inc (NNRI)

[stocktiger]

if you are a day trader

then you know I always point out the current support as day or short term traders use stops just under support. We talk of it each and every day as that is the bulk of our activity. If you are a long term holder you need to hold a year for the tax advantage.

As a stock gets to support it is a good place to buy for short term as it is tiny risk as if it breaks you can sell. If you are long term than it is not so important.

When NNRI was at 8 we said that we expected a pullback if it went up a buck or two. At the 50-day EMA we clearly pointed out that level near $5 or so and many stopped out as it broke.

All along the way we mention the levels but you control your own trading.

I like the company and their progress and their significant opportunities for superb upside potential. Stocks go up and down and I am the type who can wait as it takes no effort.The company continues to advance even if the stock price fluctuates.

We talked of SIBE a few months back and thought a price under 80 cents good long term. Some bought there and some sold as the support broke Some held and were underwater a couple of months. Regardless - it is up 70% from the 80 cent original price and that is not bad. Some may have griped or wished that they had not held during the months when it was lower but they are not complaining now and those who did not buy wish they had.

I am only present some situations that to me look very promising but you must decide for yourself. I like the progress NNRF is making. We would all like it to be faster as with any company but they are moving forward.

I believe that the rewards will be very significant.