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Re: SABAI_SABAI post# 5330

Tuesday, 03/25/2008 9:21:23 AM

Tuesday, March 25, 2008 9:21:23 AM

Post# of 11473
We will know shortly if you are right. Yesterday's volume and actions seems to indicate the people in the know know something like there will be an extension or that the people doing the financing are having their buddies short the hell out of the stock to get a better deal. Management has no leverage now and they will just have to take what they get offered. The sharks will be coming in soon and pick up a steal for a great potential. Then the people that said how great the management team was will have to explain to me again why they were so good. This looks like the typical GM & GE ways of finding something great (new technology or product from small co.) and then working them over to buy it for a song. This company has great potential but I now realize the price is in the gutter and the chances of a turn around without outside buyers is unlikely. I would not be surprised IM is involved in pushing the stock down for his buddies or other investment groups to buy it cheap. If he is involved they will never prove it because is so much more street smart than this mangement team. This reminds me of Fortune 500 managers being taken my the street smart people in Times Square when it was scum 20 yrs ago. These street people are cleaning there pockets. That is how I see this playing out. The question is will we have a chance to break even? That now is the 64k question. I will never invest a significant amount unless I personally meet the management. I am lucky I have been able to meet some of the CEO now that I am out in SF. I met the CEO of COIN and he is sharp and has connections. NNRI will never be like this company because they do not have the street smarts to get the stock where it should be. We will see .25 or less if they ask for and extension. I give that more than a 50/50 chance.