Naxos Resources (NAXOF) Message Board

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Gold/Mining/Energy : Naxos Resources (NAXOF)

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To: citydi who wrote (10725)	3/20/1998 3:38:00 PM
From: Henry Volquardsen	Read Replies (1) of 20681

Citydi, Nice to see you again. I am concerned about the stocks current price decline as well. But this is still a thinly traded stock with a narrow following. I trade many such stocks and they can go both up and down for long times with little connection with announced developments. I have found the only way to deal with such stocks is to continue to do your due diligence regarding the fundamentals, don't get over committed (proper diversification regardless of how bullish you are) and stay focused on the long term. I know these are tough to do. I would certainly wish the stock were stronger right now but thin stocks have their own rhythms (just like fat bond traders) and the best thing to do is stay calm and continue to do your research. I hope this makes sense and/or helps. Henry

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