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Microcap & Penny Stocks : nhmcf
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To: Laurens who wrote (634)9/18/1998 6:16:00 PM
From: daaan  Read Replies (1) of 702
 
This stock was pumped at the height of a bull market; people were buying on the fly. The market has been crushed and people are weary.
That means two things: people are buying more carefully and just as important, their are so many bargains to pick through stocks like nhmcf can not get any attention (deservidly, I might add).

But that does not mean that it will fall apart all together. Tax loss selling is going to be different this year. I am sure there will be many losses with no gains to balance them against. I want to take a hard look at this companies balance sheet and if it sells off to a quarter this October-November it might be interesting.

JMO
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