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Gold/Mining/Energy : Nevtah/Tower Oil Intl.- NTAH -- Ignore unavailable to you. Want to Upgrade?


To: HandsOn who wrote (1786)6/29/1998 9:26:00 PM
From: Just My Opinion  Respond to of 3817
 
Handson: I personally don't understand TA at all.
So I have no idea what he was talking about, but I liked it anyway. LOL
But I do agree that the news was good.
I think a lot of people have underestimated what it means.
They will be following through with what they said they were going to do, vis a vis stripper wells, and they are going to do it in the proper way, IMO.
Slowly.
Once they have gotten things rolling, then they will accelerate the projects, IMO.
NTAH price wise, is not looking bad now, IMO, if you want to buy.
I think it's a great opportunity.



To: HandsOn who wrote (1786)6/29/1998 9:35:00 PM
From: WR61499  Read Replies (1) | Respond to of 3817
 
Technically speaking,I think that the volume today might mean we have seen the lows for this stock when it hit 12 today.I don't have level two,but if a lot of the volume came in when the stock was at 12 cents,then we could have a turnaround.To find a bottom on a stock going down,look at the average volume versus the days volume. Since the volume was almost three times the normal volume,that tells me that we probably have seen a bottom on this one. Tomorrow will be the key. If we hold above 12 cents tomorrow,I think we will start to move up.BWDIK