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Replies to #1017 on NNRF Inc (NNRI)
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stocktiger

05/04/07 2:06 PM

#1018 RE: cautious_trader #1017

If you read the newsletter...

cautious - in the newsletter when NNRF was about $8 I wrote if it gets to $10 we should expect a pullback of at least $1-2 - we got it -- more than expected but we go it.

The buy alert was at $0.55 cents so still up about 1,000% even with the pullback.

Sorry maybe you are not a basher but only created your profile yesterday and the only two posts are ones saying the stock would go below support even though the chart and buyers disagree. When we see people take the trouble to make a profile to only write that a rapidly growing company's stock should go below support it is very suspicious of a short seller.

Long term it makes no difference anyway of course as the progress with the company is fantastic. So good in fact that even though there are some shares that were going to be ending the restricted period in June the management says that those shares are going to again be locked up as the holders had no intention to sell anyway. One holder may may sell a small number of shares each month but we could use a few more as there are only 4 million shared in the float.
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grcacc

05/06/07 12:35 AM

#1023 RE: cautious_trader #1017

If it walks like a duck, and talks like a duck, you can be pretty sure, it's a duck.

What a silly set of questions and comments. If you have been successfully investing for any period of time, you know there are no guarantees.

Just to do a little test - On what basis can you forecast a drop to 3? Fib retracements, trend line, what??? I sure don't see it when I look at the charts. You could forecast there was a probability of a significant retracement (down to the 4-5 level) once the stock turned down from 10, if you had experience.

If you aren't a basher and just simply don't know what you are doing, this is not the playground to learn, as you can clearly experience losses in the proverbial heartbeat.

If you don't know what you're doing and decide to continue investing in micro-caps, please do me a favor and let me know when you decide to go long and what the securities are, and I'll happily come and take your money.

That's the beauty of this market.