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Microcap & Penny Stocks : NAMX -- North American Expl.-- Que Sera Sera! -- Ignore unavailable to you. Want to Upgrade?

To: Hunter Vann who wrote (2218)	1/20/1998 10:08:00 AM
From: cAPSLOCK	Respond to of 4736

Aww Hunter I disagree... Although I own a pretty good chunk of this stock, I don't think the small trades are all that stupid. It would cost me $25 to trade this stock. Lets say I spent $225 total. Less the $25 fee, I would get 1000 shares (at its current .20 price). Now lets say that over the long haul this company turned out not to be a scam :) and its share price went up etc etc.. This _is_ why we invest I think. And lets say 10 years pass. The stock splits 2for1 twice over this period, and the current price is $20. What do I have? I have $80k. I think this is kinda the rational for many folks when makeing a small trade. Now whether or not any of his will happen??? Who knows. Odds are against, but well have to wait and see. respecfully, cAPSLOCK