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


To: Just My Opinion who wrote (2168)7/10/1998 5:18:00 PM
From: Author51  Read Replies (5) | Respond to of 3817
 
The "share dumping" as far as I can tell...And I talked to Canyon today....Is MM shorting....There is no, at least no one has any knowledge of, any convertible debenture financing....The ONLY financing arrangement admitted to is a "draw down"......It is Canyon's opinion that this is MM action, it is also mine......Personally, I think a squeeze has developed.The 14th is reporting day for the MM's....We will see shortly....If I'm right, this thing will boomerang to 30c VERY quickly.....If NEWS follows in short order.......We could see at least 50c, and perhaps more by the eo/Aug......Peace