Nrf

legion3pm · #1 10-08-2008, 06:53 PM

set to buyback 10,000,000 shares. might give it a bounce.

scared really to get into anything b/c i dont know what the market is gonna do when people can actually short stocks again. anyone have any opinions on shorts being unbanned and what it'll do to the market?

Goods · #2 10-09-2008, 08:19 AM

Shorts add liquidity to the market, I think it's a good thing. Panic sells aside, if a company is worth it's weight, the stock price should reflect that. Eventually anyway. They're still messing with the rules. Might get a new uptick rule or a circuit breaker on a 10% drop for example. Weird times right now.

That NRF divi and buyback will give it a proper popper but probably too late to profit from it. REITs are a short for me right now unless it's a long termer. I'm feeling the bottom is near but still need to sweep out the trash and stabilize. It's still very nice news for a company in this sector.

Goods · #3 10-09-2008, 11:22 AM

Bought some NRF @ 4.85 small position

Goods · #4 10-10-2008, 10:59 AM

Damn, missed the pop this morning. Had my limit sell set @ $6. Took half off @ 5.03 (+0.18)
keeping the other half for now.

Goods · #5 10-13-2008, 09:43 AM

Took profits on the rest @ 6.20 (+1.35)
Thanks for the heads up Legion.

legion3pm · #6 10-13-2008, 06:17 PM

nice one GOODS you had a pretty good day today.

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