Naxos Resources (NAXOF) Message Board

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Gold/Mining/Energy : Naxos Resources (NAXOF)

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To: mark silvers who wrote (10845)	3/23/1998 2:38:00 PM
From: Richard Mazzarella	Read Replies (1) of 20681

Mark, that's great news for NAXOF, and worst case extrapolation for IPM if necessary. I don't think that I specifically said the cost for not trading electronically other than to say that's why many would stay away. I know that electronic trading will bring market interest, investors and traders, raise daily volume, and provide more liquidity for the stock which aids price stability. There should be more MM's interested in working the stock, that will narrow the spreads and will draw more market interest. Since I follow Naxos, I will probably actively trade it now. I'm certain big money will view this favorably. Favorable usually means higher prices.

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