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Microcap & Penny Stocks : NAMX -- North American Expl.-- Que Sera Sera!
NAMX 0.00010000.0%Mar 7 3:00 PM EST

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To: Hunter Vann who wrote (81)7/15/1997 6:22:00 PM
From: per strandberg   of 4736
 
Hunter,

Glad you liked ITrader. It's better than most programs you have to pay to use. Amazing it's free. I recommend all to check it out.

The info about current Ask/Bid is not included, so it can be impossible to tell. Sometimes you can tell from looking at the minute-chart, comparing the price and the volume spike. The price is bouncing between Bid/Ask and when you have a positive peak in price, that's generally a buy. However, there are so few trades in NAMX that it can be hours in between. This makes the analysis difficult.

Looking at todays chart, there is a single 100k spike, .80.
It actually looks like a buy.
Time 15:59. Still suspicious, why should somebody be in such a hurry to buy such a block?

Today's first two trades, 2 x 25k at 10:20 look like MMs trying to get things going.

Typically, if it's mere MM-shuffles, there will be volume spikes in pairs or triples with no or little price influence.

There is more info in what I get from PCQuote, but I'm not paying for July, as this my holiday month.

I wonder where the buyers come from? I doubt anybody on this thread is buying more. Remeber the figures 250 shareholders? (Boonen's estimate was half of that. Is Primal Crapital really that good at convincing?

I guess you will soon be able to find volonteers for a crusade against Ebeling & Co among the posters on this thread.

Regards
ps
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