Naxos Resources (NAXOF) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Naxos Resources (NAXOF)

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Richard Mazzarella who wrote (15552)	8/13/1998 10:29:00 PM
From: Henry Volquardsen	of 20681

Richard, John, Yes the previous days trading could have been insider selling. But if it was why did it not carry over to today? As I posted yesterday to Citydi when I called my broker yesterday he told me, before I had asked him about Naxos, that a broker at another brokerage firm had just left his firm. This broker had clients who owned a very large position in Naxos. The other broker's at the firm had taken over his accounts and were calling his old clients and suggesting they sell Naxos. He said I should expect to see a lot of Naxos selling because of it. This is not uncommon when Brokers leave firms. Now I don't know if this is in fact what actually happened. You may be right there was insider leaks. But I heard this comment from a broker who has very little ongoing interest in Naxos, does not talk to naxos people and said this a day before this pr. Also if there were insider induced selling yesterday because of this I would not have expected it to abate today. JMO

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next