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Gold/Mining/Energy : NP Energy Cp New

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To: JP Jouver who wrote (14562)2/23/1999 8:44:00 AM
From: Ken Sammut  Read Replies (2) of 22810
 
>>>So J.Nelson, grantsi, and the others have been here for over a year and
have experienced (like me) NPEC's lack of auditied financials, lack of
credibility in following-through on predicted news releases, and lack of
basically ANYTHING they've said they would do. The stock has been below
.05 for a loooong time. Is it really conceivable that they are trying to
talk a .05 stock down???

MEADE, sunset, Michael Craig, and some of the other fanatic supporters
of NPEC are all relative newcomers who have only been around for the
latest price pump. If any of you want to gain any credibility, then
stick around (although I seriously doubt that will happen). Saying that
the "bashers" drove the price down is laughable. The price has BEEN down
for years. It's much more realistic to say that your combined screams of
"NPEC will be HUUUUGE!!!" have blipped the price up a bit and now it is
settling back down as predicted news, etc. has (once again) not come to
pass.>>

So JP you have been with this stock for a real long time and have watched it fall to it's lows. We have all had our losers so I will not make fun of you for watching the stock fall while the company kept disappointing you.

Like it or not you need new blood in a stock like NPEC. You are fooling yourself if you believe that only a long term person to a thread knows more than a newcomer. Long term followers to a penny stock (that has fallen)thread tend to be in two camps; devout followers or bashers. The devout followers will stay with the stock forever because they cannot take the loss and want to believe in the stock.

The bashers also in their hearts do not want to give up on the stock but are so upset, they express themselves through angry posts.

Then you have a few who have been long termers who have lost a lot but have sold and believe they can trade the stock and get their money back. Many times they can as they have learned how the stock trades. I commend them and wish these people well as I hope none of us would ever have to take a loss.

Unfortunately there are a few who are in the last group that feel they have to bash the stock to help it trade to the downside. Again you fool yourself if you do not believe this tactic works when a stock has a small run-up and no additional news comes out right away. These are the people that I have a problem with. Some of the long timers you mention have already admitted to selling all or most of their positions so why are they still hear? They want to buy low and ride the stock up a few cents or more. Great plan but leave the bashing out of it. The bashing by these people started after the last run-up and right after they sold. (Read the posts JP before you make your own.)

I have posted similar posts and none of the accused have refuted what I have said.

I have 700,000 shares and will keep adding. Maybe I am a fool or maybe I believe that management (MDIN and NPEC) finally may have things going in the right direction. Will I sell some of my shares when I reach the profit level I would like to achieve. You betcha. Will I keep a healthy position for the long term? Absolutely, so long as the news continues to be good.

Ken
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