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Microcap & Penny Stocks : nhmcf -- Ignore unavailable to you. Want to Upgrade?


To: Gil Kempenich who wrote (278)11/16/1997 2:23:00 PM
From: bullmarket  Respond to of 702
 
Dear Gil,
Thank you for the "heads-up"/I share your sentiment re. potential for abuses/hype in small-cap stocks wholeheartedly.

As I have mentionned in my previous posts, I do not rely on internet promotions re investment decision.I agree that an investor would be foolish to make investment decision based on Future Stock or any other 'recommendation" without doing his/her own research and due diligence.

Re. nhmcf specifically, we must judge it on its own merit, independent of what we hear/see on the internet, including this thread. By the way, nhmcf has several other "buy" recommendations from other analysts who, I assume, have no connection to the internet groups (check the homepage of the company for analysts'coverage)

Having said that, I see nhmcf as a long-term investment in a young company with great potential, which will have its share of price volatility in the short term. I am hoping for news in the near future which would further corroborate my belief in this company and attract additional investors who are making decisions based on facts, not hype. I also suspect that good news from this company re contracts, revenues will make it less susceptible to pricing manipulation as people will be making investment decisions in a company with proven tract record.
Investing in a small-cap company means, almost by definition, taking a certain amount of risk, as compared to investing in a blue chip company. By extension, investing in small-caps requires looking into a more uncertain future to make an educated guess regarding the company potential. Of course, the upside of such investment means greater ( in many cases, much greater )gains than investment in most large cap companies if we make the right decision. A company like nhmcf will succeed or fail on its own merits eventually, independent of real or perceived short-term price manipulations.
My own observation re nhmcf: management has been open and honest in answering my questions and concerns. In addition, those who visit the facility seem to be quite impressed. I am interested in others'opinion.



To: Gil Kempenich who wrote (278)11/16/1997 3:29:00 PM
From: risk-averse  Read Replies (1) | Respond to of 702
 
Thanks for your information. At this price the company has passed its level of being hyped by others - this is the 52 week low!

Now we should sit back and wait for the company to rise on its own merits with concrete news, revenues, earnings, and contracts. I don't have to tell you but that's how companies survive and advance when the going gets a bit rough!

If I ever lose my confidence in this company's ability to succeed, I will share my opinion on this thread.

Still long and contemplating on increasing my position.