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Novation Companies, Inc. Message Board

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  • yando1946 yando1946 Feb 22, 2007 6:26 PM Flag

    Be realistic

    I bought NFI when it was in its 30's. As it became clear the inverted curve was here for awhile, it also became obvious that it was just a matter of time unless the curve situation reversed that this crash was going to happen. I sold in the mid 20's and took a loss like a big boy should...with minimum of whining.

    Now that NFI is not going to be paying dividends almost surely for a minimum of 4 to 5 years if at all, this stock is in the land of wild hope. I am glad I sucked it up an took my loss a lot earlier in this game--time for anyone with any sense to take what they can get and reinvest it because this one is through paying a dividend and recovery is unlikely. All imho.

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