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Gold/Mining/Energy : NP Energy Cp New

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To: John Post who wrote (22293)1/25/2000 6:43:00 PM
From: BKLYN BOYZ  Read Replies (1) of 22810
 
It all depends on where the NPEC shareholders have set their sell points. Many who have averaged DOWN as the price hit 3 cents will be holding at the FIRST level where we can expect to see some resistance. If THEIR avg is in the 9-10 cent range-having bough at 15 cents and again on the way down at 5 cents- then THAT is the First speed bump to pass.If THEY hold to Double then that speed bump is at the 18-20 level.. At 20 cents i would expect to see SOME profit taking as THESE shareholders sell OFF HALF and ride the Free Money.. But that 20 cent Exit area depends on IF they averaged DOWN > If THEY did NOT Avg Down and are holding at lets say 15 cents then FOR their Double they would HAVE TO hold till 30 cents.....Then some selling at 30 cents would be expected. soooooo to answer your question we could see some resistance between the 20-30 level. BUT is NEWS is really noteworthy THEN those FIGURES Ive stated could conceivably double and triple as OTHER pennies have exploded on much Less promising technologies and alliances.
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