Nicholas Financial Hits $5.25

More great news from Nicholas Financial (NICK) today. The stock got up to $5.25 a share today.
We’ve certainly waited a long time for this one to move. The story of NICK underscores an important point about investing. The market can simply be wrong, and you have to wait for a bit for it to be right again. The facts haven’t changed much with NICK. The value was visible in plain sight. We just had to sit and wait it out.
Also, when it came, the adjustment back to reality was very quick. Not too long ago, NICK was going for half this price. That’s the story of investing—lots of boredom and frustration, and then very quick and exciting moves.
Let me hear from you if you’re a NICK owner. I’m curious how many stop by here.

Posted by on May 11th, 2009 at 3:15 pm


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