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Strategies & Market Trends : Contrarian Investing

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To: pcyhuang who wrote (1572)9/8/2007 11:00:51 AM
From: pcyhuang   of 4080
 
NFI -- Don't flush the baby out with the bath water

An advise to the long-term investors in NFI

NFI has lately been bombarded with negative publicity (including the very biased article of the New York Times).

Besides the pending NFI's dividend announcement, I suggest that you carefully consider the following bullish factors:

NFI and New SEC rules on Threshold securities

Effective date: Oct. 15, 2007. SEC Requires all fails to deliver in threshold securities be closed out within 13 consecutive settlement days or, in the case of a previously-grandfathered fail to deliver position in a security that is a threshold securitiy on the effective date of the ammendment (Oct. 15, 2007), 35 consecutive settlement days from the effective date of the amendment.

sec.gov

2. NFI has been on the naked short selling list for 21 consecutive days.

buyins.net./tools/symbol_stats.php?sym=nfi

3. 92% of NFI's float has been sold short.

shortsqueeze.com

4. NFI on NYSE's List of Threshold Securities Subject to New SEC's Rules

nyse.com

pcyhuang

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