SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Naxos Resources (NAXOF)
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Larry Brubaker who wrote (10138)3/15/1998 8:11:00 AM
From: Richard Mazzarella  Read Replies (1) of 20681
 
Larry, <<(here come the flames)>> Not from me.<VBG> Mark addressed some of the reasons why the stock suffered, the change in assay values being the most obvious. People tend to ignore stock price as insight of what is happening in a company. Even the larger (COC?) numbers didn't rocket the stock. That was because the price was already in the stock near the highs, buy the rumor sell the news. Now there are even lower numbers. What does that mean for shareholder expectation? A failure in expectation, that brings a stock down. IMO the JJ issue (gone without replacement) just adds uncertainty to the equation. Experienced people read that as "trouble in river city". If they had announced the new person with a message to shareholders with all the flowers, the stock could have popped. Maybe even Jay Taylor would have recommend it? These lower numbers now add more uncertainty for efficient recovery. Even with all these problems, I believe the most unsettling aspect of recent events was the beforehand knowledge by others for the reported news. That is serious stuff that can get a stock in big trouble with exchanges. Did insiders tell "others" and did those "others" trade on that information. The stock price suggests yes. Does the "little guy" even have a chance? I asked Mark yesterday where he thought the stock price would go. Everybody wants to know that, but nobody wants to discuss it. Why is that? That demonstrates even more uncertainty on the part of shareholders. So where does a stock go with uncertainty? I leave the answer to others.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News