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


To: Sidney Reilly who wrote (3900)6/9/1998 5:32:00 PM
From: Hunter Vann  Respond to of 4736
 
The numbers from Geophysic (if reliable)

If they were indeed reliable, then you would have access to the questionable press release via the newswires. Instead, NAMX management decided to take these releases down...



To: Sidney Reilly who wrote (3900)6/9/1998 6:03:00 PM
From: cAPSLOCK  Read Replies (1) | Respond to of 4736
 
We have little down side left <gg>.

This statement has always puzzled me. And I seem to hear many many people making it about their favorite dog stock.

But It seems to me that (.04 to .00) = (100.00 to .00) in that they both represent TOTAL losses. The difference is that a 2 cent loss on the first example represents 50% of your money, whereas a 2 cent loss on the other one would be only .02%!

In dollars, at a $100,000 investment it is comparing $50,000 with $200.

Not much downside??? No. Just not much more land left till we fall off the cliff.

James

BTW, before anyone accuses me of 'explaining obvious and elementary stock market principles". I am only rebutting what I think is either a deceptive, or foolish remark. -j