SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Non-Tech : NFLI - Nutrition For Life International
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Nordy who wrote (288)8/2/1997 11:43:00 PM
From: Skeeter Bug   of 331
 
nordy, hey, glad to see your out. i paged you before i sold any shares so would get the news asap. nfli still looks good long term to me. i still own 1/4 position.

i've learned these lessons that you may have recently learned (geez, i feel bad for being the one recommending this class!)

1. diversification is important - though i bent the rule a little with nfliw.
2. NEVER pay anything other than your price for a stock. if you don't get it where you want it then leave it alone - more fish in the sea.
3. short term bad news can be good news down the road. all the buyers at $2.5 and less made 35% or so in one day!!!! i didn't have the kahunas to do that, though. i expect nfli to fall to the low $2s until verifiable good news moves them up. next q's eps seems to be that flash point. lots of disties and no more one time expenses, coupled with cost reduction strategies (they have lots of costs that can be cut b/c they're spending 2x on md&a compared to last year when sales were similar). if management doesn't come through with their million dollar salaries and produce results then they will have to answer to one pissed off owner.
4. keep focused longer term. my goal is 50% per year. minimize losses, continually re-evaluate and make decisions.

i sold nfliw for one reason and one reason only - i fully expect to buy back in at a 50% discount - i may be wrong and that is why i kept 1/4 position. this assumes that my analysis stays favorable.

i'm selling 1/2 my gems and buying swtx - expecting a 50% move 3 months out.

i'll be e-mailing you!

skeets

ps - dollar drinks brudda - i'm buyin' ;-) mooooooose
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News