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Gold/Mining/Energy : Naxos Resources (NAXOF)

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To: Larry Macklin who wrote (19433)	7/13/1999 12:01:00 AM
From: Richard Mazzarella	Read Replies (2) of 20681

Larry, <<Why would this news>> Naxos is telling the market that it will get the share price up to over $0.50 so that warrants will convert, the source of funding, management's job security. These crooks will probably put out some press release bullshit about seeing yellow in the urinals to get a jump in share price, look for the trading volume signal that precedes the press release. Feeding the shorts: 1. Put out rumors and bullshit PRs, wave pom poms, but let the friends know it's bullshit. 2. Friends short sell at the short term high. 3. Friends ride and drive the price down (continue to short) as the market also learns the last news is bullshit. 4. Friends cover on oversold, high five management. Anybody see the pattern here?

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