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Microcap & Penny Stocks : NVID International

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To: Norma Wilcox who wrote (3163)	1/27/2000 6:40:00 PM
From: Michael Casey	Read Replies (1) of 3244

I told him I sold all my holdings and he got all upset with me. Why wouldn't people sell a stock that they made 3-6 times their money, especially when they haven't filed. The stock hits highs it hasn't seen in years. NI set the sell price at .30 and posted it. The MMs might have been short, but they have plenty of shares now. NVID trades up and down slowly. It peaked 3 times last year and was never followed up with news to substantiate the price, causing the price to drop back down. The latest price drop below .10 was due to issuing more shares (IMO) because they did not have enough money for doing business, including testing Axen. There were also insider trades at the low prices adding to the float. This information should be in the filing if and when it comes out. Mike

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