A little long winded in my reply but you get the background and feel for where this company is heading.
I to spent a lot of time deliberating before purchasing NFK shares, so understand your view. I dont have the ability to pick the best price or bottom in share prices but i can see real discounted value.
97c does appear to be a new floor for what ever reason - it is not a company specific reason but purely Euro driven reaction.
Edge you can afford to be picky in this environment and speaking for myself and being very conservative in my approach to selecting companies, if I wasn't sure then I would not buy either. Even if NFK jumps back $1.10 which I suspect it will near term then that is still a great discounted entry point, so you have plenty of time if Norfolk fits your investment style.
Good luck
NFK Price at posting:
$1.00 Sentiment: Buy Disclosure: Held
