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


To: trader who wrote (288)11/18/1997 10:23:00 PM
From: Kenneth Schlottman  Read Replies (1) | Respond to of 702
 
I have been watching this company for 2 years. Two different firms have issued a buy on it, when it was between 4 and 5, with a target price of 10 in the next 12 months. Its revenues have increased very rapidly every quarter, Their has't been any bad news on the company but the stock keeps falling. Will somebody tell me WHY??? I guess I better buy more .



To: trader who wrote (288)11/19/1997 7:03:00 AM
From: MoneyPenny  Respond to of 702
 
thanks for your insight into trading. Is NITE an acronym for some company? Sounds like the dark side.

I am pasting url for NHMCF here as it shows that the the significant ups have been on mention by the tip or tout sheets. If they pay for this service every six months, perhaps they will do it again. It would be a way to make a quick profit. Perhaps this is what is going on.
quote.yahoo.com

For myself, until I can find more information, NHMCF will join my own personal kennel of 5 letter nasdaq stocks: calvf, nowef, now nhmcf.
Hmmm...5 letters, ending in f, Canadian based: all leftover 200-500 share positions that I could not bear to sell completely, in hopes that they would come back. The other two have been languishing for 2 or so years now. You can't win them all :-)



To: trader who wrote (288)11/19/1997 7:12:00 AM
From: bullmarket  Read Replies (1) | Respond to of 702
 
Dear trader:
Glad to hear from you re nhmcf, given the fact that you have visited and "kicked the 4 tires"

the company fundamentals are still good and they still seem to be on target re. their growth plan. Management is very upbeat and confident about its direction.
If the share price has apparently been falling as a result of "short"action (usually it goes up during the day and then falls in the afternoon with bigger than normal block trading activity, suspicious for price manipulation action such as from shorts by 1 person/group), then the "shorts" willbe squeezed when the good news come out in the near future. Be patient all longs- the price will then go up more as shorts are forced to buy to cover.
Awaiting (good) news from nhmcf, hopefully by the shareholder meeting
Trader, are you going there for the meeting?Let us know if you are.