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Microcap & Penny Stocks : NRPI at a new low but company is making money.
NRPI 0.0800+19.4%Jan 6 12:13 PM EST

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To: Selfop who wrote (419)5/30/1999 5:52:00 PM
From: PREFSTOCK  Read Replies (1) of 656
 
FROM ragingbull.com NRPI thread:
By: Prefstock
Reply To: None Sunday, 30 May 1999 at 5:48 PM EDT
Post # of 124


Looking at level II a little better today I see how easily this stock runs on light volume. Friday the stock was up 35% on a total of $114,000.00 approximately. That assumes 286,000 shares at an average price per share at .40. Stock had a .30 bid at one point and also a .48 once also. 30% of the volume we have to assume was covering, 20% selling maybe, 40% buying and 10% double printing. If that is the case and buying made the stock close up 35% and buying was 40% of the daily volume then only $45,600 was brought in assuming an average price per share at .40. The bid of the stock hit .38 on a high only once b 4 3:01 p.m. EST. That means that .40 may be on the high side cause most of the daily volume was before that time when the stock was trading at the lower levels. If the stock moves like that on the cost of a nice new automobile then imagine when the volume increases. I also would have to think that 90% of the shares are owned higher. Especially since the stock hit it's low of all time ( 5 years more or less)on the bid at .30 on friday. Chart may show .32 but bid actually was .30 from 1:35 est to 2:22 , then it went to .31 for 8 minutes. It was great to see that kind of volume on a slow holiday friday with no news. I can't wait for the next few weeks/months as i feel this stock will get back to or higher than it's high post split prices. I would be sitting pretty at $3.00 with as much averging down as I've done lately. I wonder if Pat Rost has started working this gem. It would have come almost 30 days after he was retained by NRPI to do the co's PR. If NRPI gets simular volume as LAKO has (A Pat Rost deal), or (CONTACT: PMR and Associates, IR

Patrick Rost, 760/942-0015

760/942-1581 (fax)

PMRandco@aol.com), then we are looking to explode IMO. Have a great holiday weekend !! :)

(Voluntary Disclosure: Position- Long; ST Rating- Strong Buy)

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