SI
SI
discoversearch

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 : Nora NXI on ME

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Bernard Poulin who wrote (381)7/26/1999 2:01:00 PM
From: Grant MacMillan  Read Replies (1) of 420
 
I must admit I was surprised at how many shares went up for sale as soon as we started to see some decent appreciation. Clearly though 48,000 shares in one morning is a lot for this stock. If it had been a motivated buyer, rather than a seller, we'd probably be in the 30's anyway. I see a lot of bids coming in though, people trying to buy cheap. I've been in since last November and have held fast and bought more during that time. My average price is $.26. I was feeling better when I was on the plus side of that price rather than the minus though.

I think the insiders could bring this stock back to the $.50 level pretty quickly, but they are very ethical in how they communicate this company and they will drive the price on fact, not speculation. So here we are, waiting for those facts to be released. John has said soon, so I believe a little patience will be rewarded. I just hope I'm not saying the same things next summer.

GM
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext