Replies to post #2093 on NNRF Inc (NNRI)

[GIBBER]

I agree with both of you and your opinions. I was wondering where ST states he is a paid promoter of NNRF. I have never seen it on his site. I have a hard with his site and the chat area and other areas to get it to work. He did comment to me that he had bought NNRF stock around $5 and was suffering like the rest of the people that bought at that price. I am not sure what to believe but a true TA would have said sell it when it went under $5. I would not mind any paid promoter to give us his opinion and information as long as they disclose their exact positions, qty, price, and if it is restricted & etc. Then you could make your opinion on their information and factor in the paid promotion. I think the Iceman and ST should put out a detailed disclose on the stocks they are compensated for especially the restricted shares they have and how much they paid for them or recieved free. It is interesting I get two different versions of the compensated stock from the company vs the paid promoter.
As long as this type of full discloser is posted and updated regularly right after a sale or purchase I have no problem with them posting. They should have to file a form similar to a13D that directors are required.

[panama paul]

"But what I do resent is that his promotional ties to NNRF clouds his TA of NNRF.(IMHO). When the stock broke down from $4.80 range ST interpation was flawed ,(again in my opinion.)"

What really threw me off was his excellent T.A. on the daily breakout stocks. I had no idea of his bias based upon being paid in any form from the 'long-term holds'. As I watched both cfpc and nnrf implode (those are the only two I put any money in), I kept thinking; 'but he surely knows what he's talking about technically since his analysis seems so objective on the broader mkt and daily stock b.o.'s.'

When Richard first mentioned NNRF & the move out from a triangle going up, I had a twinge of doubt. Even I knew this only meant the move would be strong in 'either' direction...not necessarily up.

Then when cfpc gapped down after the recent rally, I knew this likely meant an end to the uptrend for the foreseeable future for that stock. Still, because he seemed so great on his t.a. for other stocks, I decided to give him the benefit of the doubt....much to my disappointment, so far. I'm thankful I only dropped a couple of K into each of them. I agree he should have disclosed his being compensated in stock, etc. I would never have touched them if I'd known. Live and learn. I've only been trading 5 years or so but should have trusted my own limited knowledge instead of relying upon s.t.