Message Font: Serif | Sans-Serif
 
UnThreaded | Threaded | Whole Thread (3) | Ignore Thread Prev | Next
Author: missash Big gold star, 5000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 3296  
Subject: NXXI Date: 1/14/2006 11:43 AM
Post New | Post Reply | Reply Later | Create Poll . Report this Post | Recommend it!
Recommendations: 4
I am not pumping or touting this stock but I would like to call your attention to it as I think it may be early in a very long game. The theme here is Diabetes. I know not how big a problem it is in Canada, but in the U.S. it is probably the largest destroyer of healthcare $$$s. Maybe because of obesity its incidence and complications are on the rise. The N.Y.Times just ran a 4 part front page series on it. NXXI markets chromium picolinate, CP,(as Chromax). Chromium is an essential nutritional supplement that apparently plays an important role in glucose utilization. CP has been shown to increase one's sensitivity to Insulin. Now, this should be of some interest to you guys/gals North of The Border, because it was a Canadian team lead by Banting and Best that won a Nobel prize early in the 20th century for discovering Insulin's role in Diabetes. Late last year the FDA gave the company the right to advertise(label)its CP as probably able to help prevent insensitivity to insulin. The >50% rise in the stock yesterday was because the company has morphed from a wholesale distributor of CP to now begin selling it in retail outlets. I have held this while it has swung between $0.40 and $1.40 over the last year or so. CP sales to date have been flat, despite the research results. The company is currently without a CEO. The last CEO was fired because of some hanky panky related to the firing of a member of the management team. Before her departure she had high hopes that CP sales would one day approach those of calcium supplements....What happens next with the stock will depend, imho, on the sales figures for the just ended quarter and the next few quarters. After the huge runup yesterday I would not be a buyer now. But, what do I know?? Please construe this post as a "heads up".....do your own research. .....comments, criticisms welcomed......Missash
Post New | Post Reply | Reply Later | Create Poll . Report this Post | Recommend it!
Print the post  
UnThreaded | Threaded | Whole Thread (3) | Ignore Thread Prev | Next

Announcements

What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Community Home
Speak Your Mind, Start Your Blog, Rate Your Stocks

Community Team Fools - who are those TMF's?
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and "#1 Media Company to Work For" (BusinessInsider 2011)! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.
Advertisement