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Non-Tech : InvestRight Club Challenge -- Ignore unavailable to you. Want to Upgrade?

To: Jeffrey L. Henken who wrote (2485)	5/29/1999 11:19:00 AM
From: Jeffrey L. Henken	Read Replies (2) \| Respond to of 2662

On NRPI and it's trading history. Here are a couple of the highest volume days in recent memory: 4/23/1999 31/64 1/2 39/64 15/32 470,300 4/22/1999 1/2 23/64 35/64 23/64 363,900 tradepbs.com The stock did go a bit higher than what you see above. I believe that when NRPI did a reverse split any number of people who were trapped in the resulting post split shorting probably sold on that last run in late April. Building homes, or rehabilitating homes, no matter how profitable, is not a sexy business. The question is what else might NRPI be getting into? I think that the trading log and chart will show that the stock can advance further with the right news. Neither one of us knows how high or how soon. I do know that on no single day has the stock even trade 500K post split. With the right news 1 million shares is not a huge float. Can I be sure there are only 1 million shares in the float? No, but the stock moved well on Friday. Just found this at the Raging Bull: ragingbull.com FYI, shares outstanding was 1,610,000 per BusinessWire news release on 2/12/99. Still very few shares indeed. These numbers may not even be correct and.... We have no word on the float but we know it's still relatively small! That being said every investor should be very careful no matter what they are invested in.... We have all been there! Thanks, Jeff