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


To: Tim Cruise who wrote (1276)8/13/1998 3:17:00 PM
From: David in Ontario  Read Replies (2) | Respond to of 2444
 
Tim - nope - fired up the margin pre-$3

OK - here are my numbers - grabbed some more NIR at an average of $2.87 when we closed at $3 - playing it very close to the wire. May well get a margin call today or tomorrow - if I do - so what? I didn't grab that many NIR - may have to sell at a small loss. If so - I'll just fire up again next week and make it all back very quickly as we surge forward. I took a bit of a risk - may pan out - may not.

You're not a dork to buy at $3.30. I'm holding $4.65 NIR as well as $1.45 NIR. So what? Read the News again - look forward to Alastair's debrief this evening on the 'Information Seminar' - give it two weeks - and this week will just be a distant memory - with some lessons learned by many folks - as should always the case - no pain no gain (in your investing knowledge).

Look at NIR's very solid support - today - given the nearly 1 MILLION shares traded yesterday! I think we survived the 'Buy on rumour - dump on News' crowd very well. Support for NIR is still there - as we all know that it is now - has been for months.

This is a very interesting dynamic that we have experienced this week.

You say that "You are one strange man" - presume you saw my revamped SI profile :-) No I'm just a little different as all scientists tend to be - can't take yourself too seriously. Look at my educational background - I'm no-one's fool either.

Late lunch - back this evening for Alastair's debrief :-)

David.