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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 (1459)8/25/1998 7:33:00 PM
From: xray  Read Replies (2) | Respond to of 2444
 
Don't be fooled by appearances - few outside the inner circle have prospered greatly.

Predict the moves of the inner circle and ....$$$

Anyone know who are the market makers on this stock?



To: Tim Cruise who wrote (1459)8/25/1998 7:41:00 PM
From: Ginco  Respond to of 2444
 
Tim-If it's getting too hot get out of the stock-Tell me what has change with the company other then the share price
IMO - NOTHING
I will be adding to my position and cost average down and give Napier a chance to grow
If you think NIR is a scam(ask BoBo) maybe you should cut your losses now

<<As far as we all got caught with our pants down>>-well at least Xray
made some money-the other guy (BoBO)only lost his time and that's easy to do.



To: Tim Cruise who wrote (1459)8/25/1998 11:19:00 PM
From: David in Ontario  Read Replies (1) | Respond to of 2444
 
Tim - a thought before bed

I've just reread your post again and I'm reminded of this truth:

For every seller there is a buyer - there was a lot of selling today - but just as much buying. Don't forget that.

Midland grabbed 7,300 at the close, and TD Greenline grabbed 20,000 at 3:38 PM. Whether it's shorts covering or others buying on the long side - it doesn't matter - people continue to buy.

We seem to be testing for a bottom as the close is above the low for the last four trading days. Here's my two cent's worth: if we see a continued trickle of shares on the ask downside and sales at or close to the bid on the thin volume - with the occasional stop loss kicking in - then we may go lower. If we see a higher frequency of larger-sized bids start come in - like the TD Greenline and Midland buys during the last half hour of trading today - but more of them during the day - then we will likely be close to - or at - the bottom (for this cycle), well flatten out and rebound.

From a technical point of view it's very interesting to follow the dynamics involved with NIR over the last 12 months.

Till tomorrow,

David.