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Gold/Mining/Energy : Napier International Technologies Inc. (T.NIR) -- Ignore unavailable to you. Want to Upgrade?


To: xray who wrote (598)6/24/1998 6:47:00 AM
From: David in Ontario  Respond to of 2444
 
Xray - the shorts are going to get crushed

Here's the latest short position for NIR taken from the Stockwatch site. It looks like a little headway has been made - but when I look at these figures - all I can see is pain - lots of pain ahead for them. Some more headway may have been made yesterday (23 June) with NIR down to $1.95 (these numbers are good for 22 June). However, there's a long long way to go for those taking the short side of the aisle before they can feel comfortable - and I just don't see it happening for them.

Report date Volume Change

1998-03-05 0 -1,580
1998-04-21 137,400 18,900
1998-05-25 335,800 153,800
1998-06-05 285,648 -50,152
1998-06-22 280,950 -4,698

With all the we know which lies ahead for NIR - with the 'more good news' third quarter financial statement due to be posted on SEDAR by next Tuesday - the 'big News' release which could happen any time - tied to the others players that we have been able to identify - for me these short positions spell nothing but disaster for short sellers who treated NIR like another VSE speculation play.

I'm picking up some more today :-)

David in Ontario



To: xray who wrote (598)6/24/1998 9:02:00 AM
From: Ginco  Read Replies (3) | Respond to of 2444
 
" I fear that in the complete absence of any sensible estimations of market size, market penetration, and competition, and any idea of expected earnings, this stock (with its promotional SI thread) will be a prime target of short sellers"

Most of these Question that your still confused about were answered,or at the very least were tried to be answered by the so called"promotional SI thread",Why don't you provide some of the answer instead of coming on and demanding answers,why not provide
I'm sure they would be welcome.Below are posts that your asking questions(some are 2wks old) have you done any DD to answer any of these qustions or are you waiting for this "promotional SI thread" to answer them,do some work and post it. IF You think this is a "promotional SI thread",WHY WOULD
YOU beleive anything you read here anyhow.

Message 4885500
Message 4885843
Message 4890875
Message 4813301

Finally you write "this stock (with its promotional SI thread) will be a prime target of short sellers"
I think all of SI is "promotional SI thread"and every stock can be long or short,it upto the investor to decide.