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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?


To: MCsweet who wrote (28095)9/17/2007 10:41:05 AM
From: pcyhuang  Respond to of 78717
 



To: MCsweet who wrote (28095)9/17/2007 10:41:43 AM
From: pcyhuang  Read Replies (2) | Respond to of 78717
 
McSweet:

Are you aware that:

1.(92%) of NFI's float has been sold short.

shortsqueeze.com

2. NFI has been on the NYSE's Threshold Securities List for 31 consecutive market days

buyins.net./tools/symbol_stats.php?sym=nfi

3. The new SEC's rules in regard to forced covering of naked shorts in "Threshold Securities"

Effective date: Oct. 15, 2007. SEC Requires all fails to deliver in threshold securities be closed out within 13 consecutive settlement days or, in the case of a previously-grandfathered fail to deliver position in a security that is a threshold securitiy on the effective date of the ammendment (Oct. 15, 2007), 35 consecutive settlement days from the effective date of the amendment.

sec.gov

pcyhuang



To: MCsweet who wrote (28095)9/18/2007 9:12:53 PM
From: Madharry  Respond to of 78717
 
them's are wise words. as far as i can tell PC has offered nothing substantial that would support an investment in NFI other than if it does turn around, and pigs sprout wings and fly, the patient investor will have a terrific return on investment.
My call is that will be reorganizing in the next 12 months, and that someone will scoop up those questionable assets at bargain prices.