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Strategies & Market Trends : Cents and Sensibility - Kimberly and Friends' Consortium
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To: ciVic who wrote (2265)4/20/1999 12:39:00 PM
From: vagabond  Read Replies (2) of 108040
 
No, NSKY is NOT a dog -- just a little longer-term investment than most "active daytraders" are used to.

Those who have been in it for some time (including myself) are looking/hoping for the price to hit the "mid-teens" within the next few weeks or so, based on anticipation/hope of word about a film-distribution deal and perhaps other news. This "MoviePlace.com" acquisition was actually an UN-expected development, though obviously very welcome, and seems to indicate that the company is expanding its business-plan in a positive way. And it should NOT be overly alarming to see the price fluctuate a bit before any really big run-up.

BTW: Please DON'T compare NSKY to PABN or any similar "P&D jobs" (PABN, you may or may not know, used to be PRWT -- and has been one of the most mercilessly-hyped stocks I've ever seen over the past year and more). The reason many folks have never heard of NSKY, in fact, is that we long-term holders have always made a point of NOT "hyping" it (along with THIS thread, I think it's safe to say that the NSKY thread is one of the most "civilized" and restrained places on SI or anywhere else on the Web). Instead, we've just been waiting patiently for what we expect to be very good news in the near future...

Vagabond
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