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Microcap & Penny Stocks : NRPI at a new low but company is making money. -- Ignore unavailable to you. Want to Upgrade?

To: JP390 who wrote (161)	8/26/1998 10:40:00 AM
From: JOE TURMAINE	Respond to of 656

JP, from yesterdays S4T >NATIONAL REHAB PROPERTY (NRPI) $.50-.54 on 118,000 shares. On Tuesday we got a dose of month end selling. After talking to one of the market makers it looks like there was a big sellout as one marketmakers was low offering $.10 the next offer from the opening bell. The rest of the marketmakers pulled in their horns and let the stock fall. Month end selling tales place when those who have not paid for the trade must pay for their trade or sell out. This pullback gives us an excellent buying opportunity as all the fundamentals remain in place. Management told me today that they are slated to close on the sale of 8 homes, which keeps them on schedule to complete 100 homes over the next 12 months. These sales are without the benefit of the recently announced $2.5 million financing. That financing will allow NRPI to rehab 50 homes at a time and will allow the company to expand into Atlanta and then other cities. We look for a move back up to the prices of the past few days. Nothing has changed in the fundamentals of NRPI and this temporary dip in price gives a good entry point. << The only bad news is that stock price is not responding as we would hope. Also, did you get an answer on your shareholder package? JOE