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


To: J. Nelson who wrote (19356)6/11/1999 12:01:00 AM
From: Skip Henderson  Read Replies (1) | Respond to of 22810
 
No Jim, I haven't sold any yet. I still have a .045 avg. I'd like to have sold some but I hate to chase bids down. I do have a bottom line to get out if I have to, I'll just wait and see. I think we have bottomed out.

As you know news drives this thing lately and when it did not come out as expected a lot of folks with .10 - .15 stock got impatient have sold for a profit. Not a thing wrong with that. Quite a few 50,000 share trades went through today compared to the past 3 days, so a lot of stock was shaken out lately. As you know this one is not for the faint of heart. Patience is a virtue here!!

The good news is that the volumes we have seen selling don't rival the volumes we saw on the run up. That means to me that there are a of lot people out there that still hold a lot of stock and aren't selling. Remember there was a lot of volume at .20 to .28. When we see the next run I believe that it will be faster than the last and those in above .20 will start to avg down when they see it start to move up again. Just my opinion. Skip