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Gold/Mining/Energy : Nevtah/Tower Oil Intl.- NTAH
NTAH 0.00400-60.0%Jul 24 5:00 PM EST

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To: FloridaGatorMike who wrote (1718)6/26/1998 8:06:00 PM
From: Leroyt  Read Replies (1) of 3817
 
Mike, Things look good for Nevtah. But, IMHO, BB stocks without audited earnings have no bottom. It's all a matter of perception and how many shares are owned by knowledgeable investors.

I think it's best to assess the situation on a BB stock and invest about 25-30% of what I am considering. If it goes up from there, FINE, but if it goes down then I'm in a position to buy more. With NTAH, I'm still in a position for further accumulation depending on what else happens.

I must say I am amazed at the current price levels but hope it'll stay down a little longer. Got some other stocks that I expect to move soon. I'd pick up more at these levels.

later, leroyt
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