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Microcap & Penny Stocks : STAX -----> Stelax Industries - A real gem.

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To: Jim Drewitz who wrote (451)12/18/1997 2:33:00 PM
From: Scott Munson  Read Replies (1) of 1112
 
If that is true, along with the short position, I could see how we are prone to price swings, eg., the recent drop in price on very low volume, as compared to the earlier rise on much heavier volume. I am assuming the shorts will sit on their position for some time, or at least until we get larger average volume on substantial growth news.

I will probably increase my long position early next year if we can get some promising info. and see some data on the financing project and production of NOUVINOX. I still like the potential, even if I moan and groan occasionaly. This may be one of those stocks I just always keep around like an old blanket; it gives me comfort. (To think I got in early on a promising venture.)

How much is Harmon expecting to require to float the projects to completion - high end scenario.
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