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Wednesday, January 16, 2008 9:11:56 AM
Back in 2001 i followed a company GNA..they manufacture recycle steel..at the time china was dumping cheap steel on the US market..steel prices where at all time lows...the stock traded at $1.20...the chart was horrible...but...the asset value was over 12 dollars per share...fundementally there was nothing wrong with the company...they weathered the hard times and it took several years but now trades at the fundemental value...$12.66.
ST has been telling people its a buying Oppertunity based on fundementals...people need to be realistic and look 6 months ahead and antisapate them getting the uplisting and Atolls numbers folded in and these aquisitions complete...once those 3 things happen we will not be sitting at $1 buck...NNRF will GAP up to there fundemental value witch i expect will be $4-$5 bucks by april...we will see but i am going on record stating such...
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