Napier International Technologies Inc. (T.NIR) Message Board

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

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To: xray who wrote (1481)	8/27/1998 12:16:00 AM
From: David in Ontario	Read Replies (2) of 2444

Hi xray - hey, I was also 'botton-feeding' at $2+ with NIR! A sigh of relief today for many I guess. The volatility of the penny stocks calls for a strong stomach - but they do offer opportunities to make some $$ quickly. I don't try to time the market - just dollar cost average and buy when I can. I'm sure there will be many more upward surges and drops for NIR with a progressive upward trend. I may try to ride them a tad - just letting go of say 20% (maybe more) of my holding at pre-set stop losses and riding down to a low. However, with something like Napier - with all that we know which lies ahead - all it will take is just one unanticipated News release which has some numbers - and then we'll surge forward. Of course in hindsight we could all have doubled our holdings in just two weeks by selling at $3+ and buying back at $1.40+, but there is also risk in that strategy as well. I just don't want to try and be too clever and attempt to fully maximize my profit - good way to lose $$. I know what lies ahead and there will be very good profits for me - and many others - all in good time. As I've said a number of times now - even it takes NIR 5 years to reach $10 it will have done very well for me. Of course it would be good to take some profits along the way - and I should be able to within the next 3 months - and of course I would like to see it at $10 well within 5 years! OT - you suggested I take a look at V.IZP. I'm not familiar with any of the fundamentals of this stock - first time I've seen it. But just looking at the chart - there's been a downward trend for the last 18 months. Early on in the late 1980's it showed promise running up to $10 - then look at that drop in mid-1990 from $10+ to $1 in just a couple of months it looks like - ouch!! They then recovered to $4+ then another decline to sub $1 where they remained for two years - which was enough to trigger a name change from Dalphine Enterprises Ltd on 9 Dec '93 to the present name of Inflazyme Pharmaceuticals Ltd.on 10/Dec/1993. As IZP they remained flat for another two years with one small peak. New products I guess from 1996 to 1997 to generate a mild upward trend - or the Maedel pump as you referred to - with IZP then starting to look good - but a few up's and down's - then the latest 18 month decline - with a loss of $0.04 today to close at $0.62. In the last 3 months there has been two opportunities to make some $$ - but you have to watch the stock daily to grab them. The second of the two opportunities was probably the better one - triggered by a volume surge - but you had to jump on board early that day - followed by just one more strong day - then some volatility for a few days - then the slide. The volume through August doesn't suggest anything much is happening. Before I considered doing anything with this stock I would need to read the SI IZP thread + visit the Web site (just did - another one under construction) + read the News + financials for last 24 months + look at all the SEDAR filings - before I did anything - and it trades on the VSE which automatically raises a red flag.. This stock may represent a good opportunity if they had new products in the pipeline - but the junior biotech pharmaceuticals can be a graveyard. Just look at TSND on the Nasdaq. Subject 19713 They had one promising drug in development - then a trail suggested that it was killing more people than the placebo - then the 'bad' News and boom - the bottom drops out - and no posts to that thread in FIVE months! Some of these declines in this market sector can be terminal. To me - IZP looks like a stock that you don't hold long term - unless the products in development are going to drive the company out of its morass. This may be a short term hold with a buy in triggered by a volume surge - but then even that's tricky as for me - there needs to be a couple of days of strong volume with the stock closing up each day before I would consider buying. Jumping in after just one day of strong volume is taking a 50/50 chance - unless there was a good reason to do that - for example something positive from the company. Xray - you say that V.IZP has good fundamentals - does it and what are they? Are Insiders buying big time? The chart shows a progressive decline over 18 months - with nothing much happening to sustain a good long-term base. Do they have anything new in the product pipeline - or new linkages to key partners - or an expanding client base with great prospects going forward - or worldwide interest in their products - are they a potential takeover target - are they buying out an existing successful company that offers great synergy - or do they have new (upcoming) patent(s) - all of which Napier has going for it now? If not - I don't see anything happening for IZP near term - just a continued slide for this baby to below $0.50 :-( David.

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