What an excellent conversational thread in the las
Post# of 9122
I have been invested with NNLX since the waste-to-gas days. I quickly learned that I had a decision of whether this company was/is something I should stick with or just trade on intermittant volatility or avoid altogether. After BB took over I was/and still am impressed on how he took the business to self-sustaining with very limited resources. This is remarkable for a penny stock company! So I made the decision to stick with it until it flies or dies. I have implemented a stategy to sell some stock as it goes up and buy more stock when it goes down so that the times of euphoria pays for the doldrum buys. Over the years I have ratchetted up the to number of shares from the mid-5 figures to mid 6-figures without constantly raiding my piggy bank for additional funds.
I say all this to agree with Sadpepe and InvestorAB who acknowledges that so far this appears very similar to times of enthusiasm in the past. I, furthermore, confirm this does not make them bashers which are so plentiful on other boards. I mention this also to address sentiment that longs are crazy if they sell any stock at this time. I will say that the volitilty has already produced enough funds to allow buys that have already recovered the holdings that I had at the 2-cent level while still allowing purchases if it continues to drop.
However somewhere down the line this company will fly. As Mach says, "Why not now?". Indeed, If NNLX does go north of $1 I'll be dancing on the streets! If it goes above $10 it will have to be a really big street with no cars! LOL I say this because even if it goes to $100 I will still own NNLX stock. I will be an NNLX shareholder until either the company or I die.
So what do I expect to happen?
1. Minimally NNLX is making contacts to expand their footprint. More financial, governmental, and medical organizations are aware of the existence and of the products offered. Often times these contacts begin to prosper after a time of marinating. In the meantime the share price will suffer.
2. Possibly, one or more these contacts will make a commitment. However, we may not know about it for a significant period of time. That time could be anywhere from a few weeks to months. During that time the share price will suffer.
3. Possibly one or more of these may see extreme value and offer a complete buyout. I think this is Ray's dream. Shortly after BB took over the company it was reported (I think by Parents) that he would not consider a buyout for less than $8 /share. Hmnn.... At any rate, we won't know about that until the deal is locked down. During the interim the share price will suffer.
4. Of course, there is always the possibility that this will happen much faster than I anticipate just as Mach has said
It appears all good to me. Keep posting!