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pumper_stumper

10/01/10 7:56 PM

#1268 RE: jackk_lutz #1267

Problem is, the same thing was said about Peter Mann's purchases at 37 cents by someone we both know. ("he wouldn't buy if it wasn't going higher", and "Peter knows". Do those ring a bell?)

How did that purchase work out? He thought the price was going to rise too of course.

If a person buying a stock is a reason for others to get bullish, you would then have to own every stock in the stock market because, each buyer "didn't purchase the shares on the open market if they did not think that the share price was going much higher!!"" And for every stock that traded today, there was a buyer.

You mention his purchase of shares even at 6 cents. How are those shares looking now? Someone paying 3x todays price for a stock is someone you want to follow? PLEASE! lol

Lastly can you tell me what was the date of the last insider purchase of NXXI's stock?? When I say INSIDER, I mean INSIDER, an exec or board member.
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franklinsmith

10/04/10 8:37 AM

#1269 RE: jackk_lutz #1267

The Holmes Purchase

...is interesting to me because of the synergies one can easily see between Pharmachem Labs and Nutrition 21. Add this to Pharmachem's history of buying out companies and his share buy probably has less to do with a bet on NXXI (though he may have a sense of the emerging nutra market and NXXI's undervaluation) and much more to indicate a potential merger.

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thinkingStone

10/04/10 9:35 AM

#1270 RE: jackk_lutz #1267

New 13D filling out. Midsummer owns 11,270,184 of NXXI and a CEO of ingredient company own 15 millions. I am kind of lazy doing too much DD with yahoo financial so I just follow the big money. I am assuming that they have better sources than yahoo financial to do better DD than a rookie investor like me. Hey, Jackk I am with you. Good luck all long holders.