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


To: david cohen who wrote (8637)1/27/1998 6:33:00 PM
From: Millracer  Read Replies (1) | Respond to of 20681
 
Welcome back, David. As you will see, the thread is getting testy again as the price continues to slide downward. Even Henry is losing his cool just a tad. The amazing thing to me is how little everyone on this thread, and I mean EVERYONE, actually knows about what is going on with this stock. But that should not be unexpected or surprising. Really, how could they have any real information? The most aggravating thing is the way so many of them act as if they know something. Examples: "I heard that a press release is coming this week". I heard that there will be no press release this week". Heard from who? I'm with Henry--knock it off!! I even doubt how much real hard, factual information Kim Brasington even has. And this fixation with the closing price each day is absurd. The price of this stock is so easily manipulated that the closing price is insignificant. Volume says something and trading range says something but the closing price is meaningless except to make people more nervous when it is lower than the day before. What is more meaningful is the way this stock goes down on supposedly good news and up just a day or so before every release. But what does this mean? To me, that is the question to which I have absolutely no answer. Why don't we all just keep to ourselves and watch what happens. If you are in this stock on a day to day basis you are going to drive yourself nuts. The only way to be in Naxos is with play money. You will probably lose every dime you invest in the end, but you might just hit that homerun with your eyes closed. It has happened before--but not very often. It's just too bad it is virtually impossible to keep your eye on the ball when it isn't always the pitcher delivering it to the plate.