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Friday, October 19, 2007 5:06:08 PM
I am using the US tax rules only as most are in the USA so you have to keep for a year. This means that you cannot pick the bottom and do accumulate at various prices.
People can decide for themselves how much to buy as a stock moves lower or higher. I accumulated at about $5.40 thinking it would hold and if not I would add more lower.
For shorer term I do talk of selling as well as buying but for long term one cannot. Then the idea is to sell if the company changes.
On SIBE there were some who bought at 80 cents and stopped out as they were traders and some held long term and were cunderwater a while as it dropped but now that they are up 70% they are again full of praise. Same will be on NNRI - I only show suggestions and give information I do not buy or sell for anyone - I am not a broker.
NNRF is only up 400% so far this year - not bad at all - but I think it will end the year nicely higher.
I am a consultant for NNRF, Inc and own personal shares
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