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  • kzxc kzxc Aug 29, 2011 8:26 PM Flag

    What do you all think?

    tight

    you are using your logic to much when considering the stock price.

    We know value when we see it.

    $1 to $19 is that logical?

    $19 to $6 is that logical?

    IMO if you are gonna invest in stocks there is always that end of the world risk.

    A stock is always somewhat protected by what would be paid in a buyout. If I were a company with the means to do so I would try to buyout NNBR right now at double the current price.

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    • kzxc:

      Thank you for the thoughts and I totally agree. I was being to logical. Cant' say I ever had a stock in this good of shape that unraveled so quick in 3 days. Thus, I had to pause and make sure I wasn't missing something. Aka "being too logical".

      I am way beyond that now and thankful for the opportunity in front of us.

      I can assure that my pause is over and I have filled my truck. I hold a significant position for me and it was real nice and refreshing to see the action today. Just had to tweak my holdings and added some more capital/cash.

      I held two stocks that really came apart in the correction NNBR and SNV. I pulled the trigger and significantly bought more of each. Both responded nice today!

      Thank you Mother Market.

      These have the potential to be one hell of a Christmas, but I will take it when ever it comes and I agree with you on your buyout thoughts as well. Valuation/Buyout Price gives us some "margin of safety."

      I thank all for your thoughts and beating this one around a little!

 
NNBR
22.10-0.47(-2.08%)Sep 3 3:59 PMEDT