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Gold/Mining/Energy : NP Energy Cp New -- Ignore unavailable to you. Want to Upgrade?


To: Win-Lose-Draw who wrote (19288)6/9/1999 8:28:00 PM
From: MINEFINDER  Read Replies (1) | Respond to of 22810
 
People have been known to go to Prison for uttering claims without any real basis of fact. ( Does PONZI ring a bell??) Ahh, the story continues to unravel.



To: Win-Lose-Draw who wrote (19288)6/9/1999 10:09:00 PM
From: Jim B  Read Replies (1) | Respond to of 22810
 
i can't go back in time and buy at 2cents... i dont know you and dont know if you were stating that NPEC was a good buy at 2cents or even 10cents.. if you were, then kudos as I'm sure you made good money and others that took your posts into consideration and might have followed also made good money...

if now that the stock has corrected it doesn't seem like a good buy to you.. that's cool.. remember that my remark was talking about the relationship with MDIN/MDHM and if MDHM goes up.. one would think NPEC would follow... you'd think it would.. but again, penny market.

I've followed this stock off and on since 97 and the relationship with mdin, printing press, etc...

my comment was based on the price of the stock yesterday and a couple days ago against where I think it might go tomorrow or friday...

i don't look too far ahead or behind... i read the chart and make a decision and post my thoughts.. neither I nor you know where the stock will go and have to trade based on our own beliefs..

we both know that there are plenty of stocks in which we didn't buy and wish we had, or did buy and wish we hadn't..

in this case, we both wish we'd bought a ton under 10cents.. regardless of how good we feel about the company..

these are penny stocks... 99% are scams or defunct.. you buy the stock without faith in the company... very few are worthy of any real credit/trust.

I personally dont understand why people take the time to bash penny stocks... "penny stock" means HIGH RISK by the name alone.

There is no real "good" penny stock. It's just that some dont look as bad as others and if you can ride the waves, then you can make out all right. It's true that things need to be said to help newbies understand what they are buying, especially if they plan on holding.

Let's face it: lots of people buy ticker symbols and haven't a clue what the company does and then they sell the stock.. profit/loss and never know what the company did nor do they care. Many times I fall into that.. be it penny stocks or NASD/NYSE plays. Best wishes to you: spend time with the family. I trust people here understand how the penny market works, or they wouldn't be here.

jim