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Gold/Mining/Energy : Net Shepherd Inc. (WEB) on ASE -- Ignore unavailable to you. Want to Upgrade?


To: ELP who wrote (913)3/15/2000 1:19:00 PM
From: Crazy Canuck  Read Replies (1) | Respond to of 1252
 
Good Morning Eric,

With the drop in the share price today, a prudent investor would be smart to look for reasons why this has happened.

That said, I advise anyone to take a look to see that the drop in price has been on very low volume. This tells me that the core holdings are in safe and secure hands.

Two possible explanations for the drop in price could be that people have been forced to sell out as they have been receiving margin calls (on other holdings they have), or there could be a shake out going on to buy shares at the lower price before things get interesting again next week. For anyone wanting to buy shares at a discounted price, this sell off in the general market is great timing.

By the way, as I type this a 7,000 share market order would bring it back up to $6.50. <VBG> Nope, not too many sellers out there right now.

I am convinced that the people who are buyers now will soon be very pleased with their purchases. There is just too much potential, and upside with this company to ignore.

I am looking forward to the upcoming special meeting on the 21 st. I have my plane tickets now, and I am eager to finally meeting many of the people with whom I have been corresponding with at the company, and on the discussion sites.

Talk to you soon!

Crazy Canuck