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


To: David in Ontario who wrote (1454)8/25/1998 5:52:00 PM
From: xray  Read Replies (2) | Respond to of 2444
 
Ask your broker about shorting rules - it is not allowed on Canadian exchanges, I don't think.

The putative allegation by nir investor relations official of "systematic collusion" is due, IMO, to his systematic frustration with the investors that came with the thermonuclear newsletter writeup earlier this year, and all the loose insiders' paper, and other paper, that is, or becomes, freely traded from time to time.

Please consider reading some of the short topics on SI.
Subject 21516 talks about companies that on the surface looked like good longs, but they weren't. Nir will eventually turn around, but it might take another newsletter promotion to make it happen.



To: David in Ontario who wrote (1454)8/25/1998 6:24:00 PM
From: Tim Cruise  Read Replies (3) | Respond to of 2444
 
Funny, this conspiracy to bring the stock down is not being met by big buying ... News flash, you can only push a stock down if nobody wants to buy and it is clear that nobody wants to buy. I am not involved in the conspiracy, but I am quite certain that if I decided to cut my losses I would move the stock down to $1 in search of buyers. Stop with the theories and recognize that we all got caught with our pants down. While, perhaps everyone but Lenny and Xray.