SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : NRAG-NorAm Gaming-Winning The Battle -- Ignore unavailable to you. Want to Upgrade?


To: STEVE G who wrote (349)12/18/1997 4:29:00 PM
From: David W. Tucker  Read Replies (1) | Respond to of 441
 
Today's Action

Today is the first time I can remember that we had 100% buys (based on Yahoo quotes - can anyone confirm with level 2?). If this high percentage of buying continues, the MM's will eventually run out of inventory and have to make bigger hikes in the bid to obtain new shares. In other words, the sellers are drying up. There will be no incentive to keep the bid down. Increased volume will help.

Again, as concrete information comes in indicating that the VLT's are coming on line, folks who have been on the sidelines might begin to make the plunge in.

There might be a little sell off at year's end for tax reasons, but after January 1st, I think we'll see a new trend upward in the stock price.

A good day I think for Noram stock.

By the way, I'm working on a research document on Noram that I hope to post on SI by the end of the weekend. Something like a Noram FAQ for people checking out Noram on SI for the first time.

Continued good luck to all...

dave