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Strategies & Market Trends : Ride the Tiger with CD

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To: Canuck Dave who wrote (26085)2/27/2005 6:52:20 PM
From: rubbersoul  Read Replies (1) of 313622
 
A friend of mine called me on Sat. and said he bought some NL @.67. He seemed very happy. Now why couldn't I agree with him?<g>

We need some good drill holes or a clearer definition of what NL has before we can move up significantly, imo. They've got cash so financing/share dilution won't be a problem. However, this may make it harder for institutional buyers to buy a lot of cheap shares through a financing.

Maybe I could buy back some of those shares I sold at .90...hmmm.

JH
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