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Gold/Mining/Energy : NPEC - take a look

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To: Linda Holje who wrote (5691)	3/14/1997 12:42:00 PM
From: Geoff Coates-Wynn	of 5988

They've been doing it all day, Linda. They short at the ask, and since they're in charge of the b/a, they can drop it down. I'm thrilled with it. That much shorting and we only loose a couple of cents!!! By shorting, an artificial supply is created which is apparently slightly greater than the demand at these levels, but that supply will have to be bought back, and will then turn into additional buying pressure. When they buy back, those millions of shares will result in a far bigger gain than the pullback they have caused today. It just delays the inevitable. Geoff

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