nhmcf Message Board - Msg: 621659

STOCKTALK

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.

Microcap & Penny Stocks : nhmcf

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: kathy jo card who wrote (88)	1/6/1997 4:30:00 PM
From: Mark A. Yurko	of 702

Exactly Pete, Gregg. Not to join in the attack, but Kathy, stocks of companies in this stage of development rarely trade in direct correlation to the strength of their balance sheets alone. The reason NHMCF will rise handsomely is primarily a supply/demand issue for shares based on the very substantial prospect for future growth. All your financials can very easily go out the window when larger players start to make block trades one way or the other. This is obviously a company with a unique niche and a correspondingly unconventional approach to how they've chosen to finance their expansion. I'm not disputing your statements about the financials, just the relative unimportance of them in comparison to factors which traditionally move stocks of this size. I also agree with the unreliability of the internet hype....but if you want to trade on technical analysis of a brand new stock or balance sheet data, maybe you're better sticking with IBM, GM, etc... If you studied the numerical theory behind the majority of the indicators you mentioned you would realize that they are statistically insignificant for a relatively new stock with investors just beginning to take notice.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next