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


To: beat the market who wrote (2276)1/21/1998 2:39:00 PM
From: Sidney Reilly  Read Replies (2) | Respond to of 4736
 
btm,
It looks like there may still be some reistance at .20 but NAMX is wearing it down. Let the good times roll!!
Bob

PS More info
Message 3198220



To: beat the market who wrote (2276)1/21/1998 2:56:00 PM
From: cAPSLOCK  Respond to of 4736
 
>stock is drooping rapidly now .19 x .20, why

As I see it there was a flurry of sales (of about 20k shares or less) at the time you saw the stock drop. In my estimation this is caused by people daytrading the stock. Hard to say for sure though.... I see its going back up though.

Folks this is just the way us longs want to see this stock move... slowly and steadily. Dont get freaked by intraday movements (unless they are evidence for large block trade type movements).

We just want to see the stock hold on... People are buying this stock now little by little getting in, since recent press releases make it look more attractive. We will see an end to this upward movement though, if NAMX doesnt make good on recent promises to become a reporting company, and then well see what the money flow into and out of the company looks like. That is when I expect the stock to really start to move one way or the (ahem) other...

cAPSLOCK