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Gold/Mining/Energy : Naxos Resources (NAXOF) -- Ignore unavailable to you. Want to Upgrade?

To: Larry Brubaker who wrote (6569)12/7/1997 2:51:00 AM
From: Doug Meetmer  Read Replies (1) | Respond to of 20681
 
What makes you think these guys are shorting Naxos? This is a
tough stock to short, IMHO. The stock is thinly traded, manipulated,
and the shares can be called back in at any time (the short squeeze).

Good candidates for stocks to short are those with large floats, that
have high average daily volumes, easy to pull up quotes on, and
that any brokerage house may own.

I think it would be an incredibly stupid thing to do to try and short
Naxos. It would be far too risky and the shorter could be too
easily squeezed.

Just my humble opinion.

Doug



To: Larry Brubaker who wrote (6569)12/7/1997 2:53:00 AM
From: citydi  Respond to of 20681
 
Good Morning All,

It has only been around 6-7 hours since I last checked this thread,
but it has taken 45 minutes to read all these posts. Unfortunately,
I don't know anything that I did not know yesterday.

Sleep well all,

Citydi


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