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NN Inc. Message Board

  • skiidady skiidady May 25, 2010 10:51 AM Flag

    How Do You Sell Without Tanking The Price?

    Nobody trades this thing.

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    • Livin,

      Thank you as well.

      The overseas markets have been in a bear market for about a month now. Whether this is the second leg down that I am anticipating or not, this market is saying "short me" that is where the money is being made now. If we close tomorrow down double digits, the USA may be moving into its own bear market as well. Time will tell.

      However, Europeon money is flowing into our bonds and eventually will move into our stocks as the EU continues down the drain. At some point in time, we might hear about the death of the Euro as a currency????

      As long a money flows into the dollar, oil heads lower....

      Have a wonderful week!

      williamtell130

    • Thank you for the kind words. I get the feeling that I would not be the only one in the lfeboat with you if it came to that.

      And I agree that this is a market selloff and not and NN thing. There has been no news but fair to good news as of later for NN where as the jobs numbers, the home sales, and the Euro have all take a hit at the market.

      But that siad, like Cully, Tight, Jim, Marley and others here who have monies on the side right now, we may see another great stock on sale soon. If I find one I wll wave the flag here and would appreciate others doing the same!

      Again thanks for the kind words, I would want you in my lifeboat as well.

      Livin...

    • Ski - it depends on how many shares you have. If you hold a few thousand you can get out without much downside over the period of a day or two if you sell into strength.

      If you hold a few hundred thousand there are agents who specialize in selling those positions who could help.

      If you hold only a few shares it will not effect the pps at all.

      Let me know if you have another question.

      Livin...

    • Hi Ski - glad to see you are still here. You are right people do not trade this stock. They buy it hold it and make a ton of money.

      If memory is correct you had a chance to get in at 3.80 give or take. Did you buy in and make a little coin or not?

      Have a good one...

      Livin...

 
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