To: Pepper1 who wrote (169 ) 5/27/1998 5:21:00 PM From: David in Ontario Read Replies (1) | Respond to of 2444
Thank you all for the kind words: This forum provides us with a great place to exchange information. I have learned a great deal from others who have made posts here and elsewhere. To my mind there can be no excuse for not putting the effort into research. However, diversify your sources of information and share your findings if you feel they are useful. Also check out the content of what I have posted - I provided the links. I did write down notes very quickly at times when I was talking with ICI and Aquasol - and I may have made errors (though I don't believe so), and I know that I didn't capture everything. However, I am sure that what I posted yesterday is old news to the brokers, large-scale investors and the mutual fund managers. I am not a very skilled investor, but I am improving. With more experience under my belt I could have ridden the share price down from $4.88 to $2.50 - sell high, buy low - to enhance my own position. One day I will be able to read the signs, do the thorough analysis required, and play the stock in that manner. I'm just buying and holding now. I know that if I sold say 30% on a 'high' thinking that I would buy the stock back at a lower price - that 'News' would be released, the stock would go into a breakout, and I'd be left behind. NIR is just too volatile for me to use that strategy. It appears as though NIR is finding a good level of support now. Where the stock will go when the next series of News release(s) is anybody's guess - the last series took NIR from less than $0.50 to $4.88. Now we are settling in the $2.20 - $3.00 it could really go places? Rich (Msg # 139) has proposed that this stock has the best chance to go to $20 overnight than any stock he has seen. Rich has been here a lot longer than I have and he has posted a lot of valuable information. I understand that the funds will start buying in once the price moves to $5.00. The big block trades could move us upward very quickly. With relatively few shares outstanding, and with the size of the market for these products so vast, we may be riding a rocket shortly. I am even going to buy some ICI as a strong long term hold when the time comes to take some NIR profits. Just waiting now...