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


To: alchemy who wrote (2355)1/23/1998 10:46:00 AM
From: bob  Read Replies (1) | Respond to of 4736
 
Marty,

Please explain how a person (non MM) can short a 20 cent stock.



To: alchemy who wrote (2355)1/23/1998 11:10:00 AM
From: M. M. Jones  Respond to of 4736
 
I don't know about a short conspiracy. There may be or have been one. But if I had shorted NAMX at $1.40, I would have covered some time back (like at $.07 or $.08 if possible!)

But unlike you, Marty, I don't want to see a squeeze here. It seems to take squeezed stocks a long time to recover and resume their upward price (look at IOM). I think this stock has more potential than to be just a one-time squeezed stock. Plus, appearances to the contrary, I don't have time to watch this stock as closely as I watched Zitel. I did little else for three months.

M.M.