NAMX -- North American Expl.-- Que Sera Sera! Message Board

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Microcap & Penny Stocks : NAMX -- North American Expl.-- Que Sera Sera!

NAMX 0.0001000

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Mar 7 3:00 PM EST

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To: alchemy who wrote (235)	7/23/1997 9:01:00 PM
From: Theo	of 4736

Marty, >>"I am very skeptical about volume in a stock that is selling for a dime. I would bet that 80 to 90% of the volume belongs to the marketmakers churning this stock to attract attention."<< Over two million shares traded in the past three days and the stock fluctuated 1/64?? In some of those trades the blocks were over 100,000 and to make matters worse, the Bid/Ask spread was identical in some of those trades. Yep, I'd say it was pretty safe bet that MM's were pasing shares back and forth....:-( Theo

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