IMO, everything is just in a turmoil for now...just look at Yahoo, they hit the highest of the street #'s, beat estimates by a ton of %'s. and the stock down over $10! I really think that small caps outperform from here on due to less overseas exposure and at these levels it doesn't take outrageous revenues to make them profit greatly. The funds and investors have been so caught up in the hi-flyers (msft, intc, dell....etc) that they are just trying to sort things out and decide which small caps to invest in. There are a number of good buys everywhere now.
Fundamentals have not changed for NNS,,and as the previous post mentioned, down on light volume is not bad. If it had been down with heavy volume would have been much worse.
Just my opinion, maybe others help more. I am here for the long term.
Let
p.s...Look at AMD, expected a loss of 11 cents, they posted a profit of 1 cent. that is 12 cents better than expected ! They take $3 off the stock cause they didn't like margins !! Who cares about margins!?? Earnings up, revenue up, market share really up, and profits up!...Gimme a break! They are killing Intel for now. Just another excuse to buy the rumors and sell the facts ! LOL Nothing is working for me right now, but at some time we will get a turnaround when we least expect it..and on no more news than what we have now. |
