Naxos Resources (NAXOF) Message Board

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Gold/Mining/Energy : Naxos Resources (NAXOF)

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To: mfgrep who wrote (12206)	4/23/1998 3:15:00 PM
From: Neal davidson	Read Replies (1) of 20681

Jason: You said: "There are more buyers than sellers." That probably is not true. In fact, a counter intuitive, yet true phenomenon (as successful investors will tell you) is that stocks go up the most when there are fewer buyers and more sellers. The weak sell their few shares, and the strong each buy a lot of shares. Getting stock into a few strong hands is the best way to keep a stock from going down and to allow a stock to go up. If Naxos does not hold its gains from yesterday, it will be due to the weak holders. Shake them out and then we really move. Neal

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