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Gold/Mining/Energy : NPEC - take a look

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To: Dave Atkinson who wrote (5888)3/21/1997 9:33:00 PM
From: JP Jouver   of 5988
 
Actually, Dave, I never mentioned that insiders might dump. I said that prospective investors might buy and dump (perhaps even on the same day). Typical strategy for a hot new offering. Many folks heard about LFNO through NPEC. If they are in NPEC, they obviously have the stomach for high risk and are perhaps traders. This is the kind of crowd that would/could flip shares quickly.

Yes, I see NPEC as very volatile. Whether or not they "have the goods", they are certainly the center of attention. People will react wildly and probably irrationally to ANY news or events at this point. But if LFNO puts out some type of release with some decent numbers or projections in it, then folks might have time to assign a realistic value over the weekend. If so, and if the price is fairly stable next week, then that will go a long way towards reducing the volatility of NPEC. IMHO.

Jape
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