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Gold/Mining/Energy : NP Energy Cp New
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To: David Sirk who wrote (16887)5/8/1999 2:45:00 PM
From: Ken Sammut  Read Replies (1) of 22810
 
Why NPEC will continue to go up.

Average MDIN shareholders are sitting on $15 to 20M in profits and that figure will go much higher with this weeks news announcements. MDIN shareholders, do not let our visitors scare you.

Some normal profit taking will go on and some of that profit money will find its way into NPEC. Loyal MDIN shareholders who take profits will want to play the leverage angle with NPEC. Only a small percentage of that money would equate to millions of shares bought.

NPEC is just starting to release their news on the telecom side of things. A lot more to come

NPEC will also have news on their mining operations soon.

A successful promotional company was hired to get NPEC better known in the investment community. They will start promoting very soon.

Brokers will be better kept informed of what is happening with NPEC beginning this week.

In just the past 10 trading days, the entire float has turned over. We are at a much higher base and will use this platform to spring off of.

Only two resistance levels to break through before the stock jumps to 20 cents. There is still some past resistance at 10 cents and some more at 1/8. Once past these areas, the amount of past buying was minimal from 13 cents to 20 cents.

With all of the above happening, NPEC will trade very actively and will attract even more speculative dollars from penny stock investors.

50 cents is a very reasonable target price but would suggest taking profits as comfort level dictates.

Finally, watch CDCH. I would not be surprised if MDIN management who owns a large percentage of the company may have some positive surprises for us.

Long in all three stocks.

Ken

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