Replies to post #3190 on NNRF Inc (NNRI)

[PrimeTrader]

Johnnyv - I understand your point regarding the charts. My point is that aside from the chart activity, ST provides a valued function in reporting company fundamentals to interested investors.

This has to be a tough call for ST. I can see that once the ATOLL numbers are rolled into NNRF's books that this company has a profit. And that once we have the uplift more investors will come in; and once we have the contracts and acquisitions in place that are in the process of being negotiated, then the stock moves up. (In that respect he is right "it is only a matter of time before the stock moves up.)

Right now the market sees we don't have those things in place and the chart reflects the current situation, not the potential. (In this respect you are correct, the chart cannot be used to support a long term position)

[loodnar]

Johnnyv: On the other hand, I find this criticism to have merit. It is at least factual, clearly stated and specific to certain points. It is not an incredibly broadbased bashing of ST the person or his record. ST believes and I do as well (even though I have lost some money on the stock) that in the long term this stock will go higher. Having said that, I agree with you that basically speaking if it were another stock ST might have been pointing out shorting opportunities along the way and would not have been talking (technically speaking) in somewhat fuzzy terms when we reached then breached various support levels. I also think Scorry makes a good point on the information about the company that ST has shared. If there is fault, it might be shared by all in remembering that any particular analysis of performance is filtered through a human being with subjective views.