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Gold/Mining/Energy : Napier International Technologies Inc. (T.NIR)

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To: Jerry Fox who wrote (82)5/7/1998 11:22:00 AM
From: Tony O  Read Replies (1) of 2444
 
Jerry... You will probably see some profit taking in the next few days...... i agree with you....here's a stock that has gone way up way too fast.......i don't like the idea that they issued 4.4 million shares at $2.56 and also 2 million warrants at $2.25 with 2 million more for the next year.....i really don't like the idea that the stock was .10 cents ago....if you buy the stock now how and why would you think it would or could go much higher......that would be "risky"... the higher the risk the higher the return i don't think applies at this stock price at this time.......be careful the stock is at/ near it's all time high ... so any one who bought the stock earlier will most likely make some kind of profit....and isn't that why they bought the stock in the first place....good luck...tony o
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