Nora NXI on ME Message Board

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Gold/Mining/Energy : Nora NXI on ME

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To: Bernard Poulin who wrote (379)	7/26/1999 11:54:00 AM
From: Grant MacMillan	Read Replies (1) of 420

Frustrating isn't it. At the volumes traded in the last six months, a person would have to have a fair amount of disposable income to have propped this one up. What we've seen over the last six months was major dumping by a fairly large shareholder. I'm currently involved in a stock with a great story but absolutely lousy PR. I'm so sick of it that I want to dump it, even though I know that would be a dumb move. Patience does wear thin and I think that is what drove the price down. I was noticing quite a few shares on the sell side creeping up mid last week. What I see today is someone who had to sell and knew they had to but were trying to unload at higher prices last week. Today was likely d-day and they had to sell at whatever bids were there. Just my speculation. If I was an insider I wouldn't pay the seller more than he was prepared to sell it for. As we saw two weeks ago, the share price can move up just as quickly. GM

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