NNRF Inc (NNRI)

[breakpoint]

Here's my 2 cents...
What attracted me to NNRI in the first place was the sex apeal of the story, management, and connections. I once covered NNRI on my site but I listed it as a high risk play that one should only buy with play money that one could afford to lose. Anyway, even the most bullish of you have to be really discouraged by the stock price, it's pretty depressing. The thing that I've come to hate regarding 'story stocks' and also listening to all sorts of exciting information and 'deals in the works, management' etc is that it causes one to ignore money management. Normally for general trading stocks, I use fairly tight stops. However I think one can employ a much much wider stop for a 'story stock' one where you have play money invested into. However still some kind of money management should still be employed. Letting a stock fall 85% from your purchase price is just crazy guys - Please view this as a hard lession even if it comes roaring back. The point is, this is why I hate story stocks, it causes one to get emotional and thus ignore any type of money management because you think you know more than you do, i.e. such as there is some big deal around the corner, etc. Listen guys, you know me, I'm not a basher and I'm not here to bash the stock, I hope everyone is laughing all the way to the bank in year. However if some people are furstrated about the stock, then let them vent, that's what message boards are for, don't harpe on a posted for venting his/her frustration.

Anyway, the general market is in a bear market now, so how that affects NNRI remains to be seen.

http://stockcharts.com/h-sc/ui?s=$SPX&p=W&st=1999-02-11&id=p51931224177&a=121889960&listNum=61

Have a good weekend