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

To: Michael Opila who wrote (4210)	7/31/1998 6:55:00 PM
From: T N	Read Replies (2) \| Respond to of 4736

Someone please help me in making an early exit. Guess those bollingerbands were so tight 'cause the next move was down. Under the guide lines I personally use to TA trade I sell when the bid is a 50% decrease from my purchase price which would be .01625 for me or I wait for the run up and sell 3-5 days into it. Looks like I might sell this one---however there wasn't any major sell off today as far as volume is concernd and the size of the bid and ask is equal. Does a reverse split force shorts to cover because of new paper and symbol? Is it normal to evidence your share ownership(in press release) or is a way for the people with ill-gotten shares to be forced out in the open? And lastly and most importantly will somebody(I've seen this on so many threads) please tell me of a reverse split that was 'quickly' succesful for a company and what signs we need to see for that to be possible?