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


To: Ellen who wrote (1969)7/8/1998 11:03:00 AM
From: Author51  Read Replies (1) | Respond to of 3817
 
It's apparent SOMEBODY has been sitting on this thing....It was SHORTED heavily in April-May.....How heavily, is anybody's guess, since the exchange doesn't provide short interest...That's one factor..What else is working against us?....Several things to be brutally honest...1. Co. is not reporting to SEC yet...2. Who really knows about the stock? ie. WIDESPREAD investor information.3. Alot of investors are still making great profits with bigger stocks, blue chips, etc..So where is the impetus to "speculate" when you already have a bird in the hand?....The small cap index did advance last week, beating out the S&P 500 I believe....We'll see a gradual swing into the SC's as the market in general begins to deteriorate, as believe it or not it already has begun to do....And of course on the plus side....The O&G's will begin to see favor, as the realization of future NG price hikes and "uncertainty" in the Oil markets begins to come to the fore.....NTAH has several good releases coming...and hopefully, the share price will begin to reflect that...If you SELL at these prices, you are simply making a BAD decision, unless of course you believe the Co. will go belly up....(which it won't)....or you're simply scared because you're playing with $ you really can't afford to lose...LONG ON NTAH......Peace