First I would like to thank aok and tek for their mature answers to my concerns about the dividend announcement being late. For those of you who made me out to be a moron, I will only say that I trade semi-professionally, have 2 thriving websiteS called:momsonlinestocks.com and :onlinestockcoach.com and do not have time to look at every earnings detail on this stock. As another poster said, "we have so many millionaires on this board, why dont you go to the beach and get a life." Well...I have a life!
NOW..What dismays me was that my post which was number 120774, I think was answered by post 120798 by dirty deeds who we all know from the board. What is funny is that nobody is questioning why he spends sooooooo much time promoting that board as factual. It is not an official NFI board. It is beautifully done. Bravo! In fact its the most informative board Ive ever seen........"IF" IT IS ALL FACTUAL! And if it is, why is there only 100% positive news? Now ,I am not saying deeds is a liar, but the way he made me out to be a basher when I was only asking questions, gives me the thought that there are "reverese" bashers here. In other words...people who own so much of NFI, they construst websites with only positive info on it to suck in buyers. WHAT If only 85% of whats on that site nfi.com is factual? Yet...I am not accusing anyone of anything, but hell, there are no free lunches in this world.
Now with that said, I actually bought NFI 6 months ago thanks to that board. However....I dont want to be holding NFI if it drops back to where it was a year ago......because of that board. And where does this info about all the shorters coming from west coast exchanges come from? How can we know?
As far as me being a moron, I told all of you I would be out if this puppy dropped under 60 today and i did and bought back some at 57.75. And will buy more if it goes back over 65-68 again. So how stupid can I be? I am not bashing anyone or anything. I have no time for that, but why would someone so legit, take the time to sit here all day and post encouragement day after day and also rip people who may have 100 times his money? We never know who is really on the other end of that username, do we? I made an inference to Enron as well. Let me make another one. I bought WCOM at $7.50 with a 30% divvy when the IR dept. swore to me that the president of the company said there is no way the divvy will not be paid. I bailed at 7.25, thank God. The rest is history. So if presidents can lie, why cant any poster here do same? By the way, NFI.COM is a fabulous site, I just wont feel as good about it until the stock breaks 70 again with no "shorting mania." And another thing, are we really sure this big mysterious short is really that stupid??? Or is he just unlucky and "we" are the suckers getting lucky for a while! And why would someone go to all that trouble to build an NFI board? Ffor philanthropy? Boredom? I dont know. Just ask yourself that from time to time. And now, I apologize if I offended anyone. I just want to give both sides. Just because a sucker is making money doesnt mean he isnt a sucker. I dont wanna be one, thats all. Just food for thought. Not bashing anyone. Comments welcome from all who can use ACTUAL WORDS THAT ARE LISTED IN THE DICTIONARY. -)
good luck all,
I have been reading this board since before December 2002 and have made more money from NFI than any stock I've owned in my approx. 35 years investing.
Watched the www.nfi-info.com website grow slowly. It was started by DDD and several of the more knowledgeable posters here have contributed items that newbies can use in making their decisions.
Most investors are not stupid and can decipher what this site is all about. The facts that are needed to be knowledgeable about NFI are there. Most of the info. are from answers to questions that those new to the board have for the message board members.
This site was initiated because most of us never heard about securitizations etc. It was not created to lie to either longs or shorts.
Hope this helps
"And where does this info about all the shorters coming from west coast exchanges come from? How can we know?"
If you watched a level II or composite screen it is perfectly clear.
Hi Mince: I definitely agree with most of your points. You take the good with the bad. It's the Rocker as the iconic anti-chr*st figure that puts this into pseudo cult status (and to be honest, he partially deserves it as he did take it down 50% in summer '02: while it's not proven, the evidence is absolutely ridiculous). Does it bother me? Nah.
As far as the dividend (the good) is concerned, it doesn't get any simpler: As you probably already know, REITS are REQUIRED to pay out 90% as dividend. NFI comes out with monthly production figures which show a 100% improvement over last year (month over month SO FAR). Yes, they could conceivably not pay the div and go to aruba and retire and hopefully not get hunted down and put in jail. Yes, they could be lying about the monthly production figures, but they recently put out these numbers, and said they wanted a consistent dividend to alleviate investor concerns. Of course, this is all not new and I'm sure you're well aware of it.
I bought Worldcom and sold it at 12 cents and vowed from then on to find an honest company with strong fundamentals. It doesn' get any better than this. Good luck, man!
"And another thing, are we really sure this big mysterious short is really that stupid???"
What we are dealing with is a hedge fund manager with an oversized ego and his audacity.
But now he's backed into a corner and faces total liquidation of his funds. He's at least $150 million in the red on this one investment alone.
The trades have been channeled thru the Pacific Exchange for offshore accts. Offshore accts are the haven of investors who have things to hide. Crooks. Big crooks.
They're probably going to find his body in a dumpster someday.
<And if it is, why is there only 100% positive news? Now ,I am not saying deeds is a liar, but the way he made me out to be a basher when I was only asking questions, gives me the thought that there are "reverese" bashers here. In other words...people who own so much of NFI, they construst websites with only positive info on it to suck in buyers.>
It has been announced several times (but, of course you don't lurk and don't know about that) anyone that finds anything wrong on the site, or anyone that has fact based information that is contrary to anything on the site, is more than welcome to communicate it and it. If the site is wrong it will be corrected. If you have a fact based item to add to the site, and those 'facts' are accurate, your information will be added.
There was an open invitation to the shorts to present items to add to a 'contrarian' link but so far none have been received. Would you like to present something? Or, are you just like the rest of the hot air gang...just don't like all the positive news because there must, just must, be a skeleton in a closet somewhere.
C'mon now; put up or shut up!
Just MBS and MOO of course; bovine.
Marc-Good post. I decided a guy named "Dirty" can't have clean hands and it may explain why he is always getting on a plane....Brazil has no extradition treaty.Think Dirty & Hill are paid shills? Check Six
I am confused about this "board" that you are talking about. I know of a website that he runs, but I know nothing of the board. Have you been holding out on us dirty?
Oh yeah, and if you are incapable of finding out when the dividend announcment should be on your own without coming to a board (note the appropriate use of the word there) and asking, those must be some doozies of investing websites (note proper word usage there again) that you run. You "semi-professional" trader you.
yeah.....this is why i send those messages for everyone to be nice regardless of who is asking......i think dirty has good intentions......just can sound abrasive at times.....the shorts are 100 x more abrasive than him.......but yeah i hear you on this one......i wish everyone could respond civilly....but that isn't gonna happen anytime soon.....lol
The hype here is nuts.I came for some serious talk and all i got is a bunch of pumping crap.I do not own any shares nor do i understand this model enough,i am long LEND and hoping they go the NFI route but this was getting out of hand,especially this 200 crap.BTW,I believe since LEND ipo it has outperformed NFI.Where is the bottom genuises who were s reaming like madmen before?
<< BTW,I believe since LEND ipo it has outperformed NFI.>>
Not quite. According to my Bloomberg Pro, the total return for LEND from 2/13/03 to 3/23/04 was 346%, for an annual equivalent of 286.06%.
NFI returned 334% in price appreciation during that same period, but when you include the dividends paid, the total return is 407%, for an annual equivalent of 333.50%
You will NOT get serious dialogue here! It is impossible. You are dealing with a bunch of morons who know nothing but promoting NFI at any cost. You will get bashed now because you bad mouthed NFI by saying you believe LEND outperformed NFI. You will not get any objective information here. Only biased information. What they need here is some posts to challenge these mothers.