Thinking a lot about this stock

[kingofspades]

Hey guys,

I got hit by a drunk driver a couple years back and through the lawsuit got a decent settlement. I decided that since I was doing just fine without the money I would treat it as if I didnt even have it and gamble on some very speculative Bio-tech stocks. To make the story short, I got very lucky and made about 300% on what I invested. I have sold all the stocks and right now have the money sitting in a money market except about 5 grand which I invested in this stock I want to talk about.

The Ticker is NTRZ.OB, and I bought it at $4.00/share, and it is now down to 53 cents/share. However, even though it is down so much I have never felt so good about a stock before. They specialize in rice-bran, and have been spending large amounts of their cash to buy out multiple plants, which is why (I believe) their quarter results have been down in the last couple years. I won't pretend to be an expert in trading, I just follow stories I like and make the investment. I hope some of you who are more experienced could advise me on this stock because I am thinking of (while the stock is so low now), investing a large portion of my money I made on the others into this company. I can see big things for them in the future once they get the plants up and running, and I hope you guys will take time to read the companies story and give me some input.

I'm all set financially and have a lot of money in conservative investments so I'm just looking to be a part of something that could be big and maybe have some fun. Let me know,

Thanks,

KOS

 

[kingofspades]

K thanks Dad, you are not being harsh, just answering my question. I guess I wont add but I'm definitely going to leave what I have in there just because I dont care if I lose the money.

Thanks a lot,

KOS

 

[kingofspades]

Hey dad,

I took your advice and didn't buy it but I'll tell you what I did do, I left most of the money in a money market, and invested a couple g's in Freddy mac. I like the stock because with them being big mortgage lenders and the US being in such a big mortgage crisis, I think the government has to help them out. Its speculative but I think it was a better choice, what do you think?

 

[mung]

Fannie & Freddie both down again this morning. They might be in the middle of a mess in which no one knows the magnitude!

 

[kingofspades]

Thanks for the response Dad, and I would take your advice because you are very knowledgeable. However, as I stated before, I have been lucky enough to do pretty well financially, and so I give myself a little money to fool around with and make speculative choices. It seems a win-win because if I lose this money tomorrow, its okay and has no significant impact on my life, however, if I do well then it was a fun and rewarding experience.

You seem like a very conservative investor and I am the same way, which is about 98% of my portfolio. But I think you would agree that life is more enjoyable when you take risks (not risk all), and thats what 2% of my portfolio is for. I know you just have my back though, and I appreciate that, a lot. So thanks a lot bro,

KOS

 

[kingofspades]

Hey Dad,

Dont worry I havent taken anything negatively or harsh, you have been a great help. I have always been fascinated by day traders but it definitely takes a certain person to do it. Just out of curiosity, how have you been doing with the economy the way it is?