SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Napier International Technologies Inc. (T.NIR) -- Ignore unavailable to you. Want to Upgrade?


To: David in Ontario who wrote (1483)8/27/1998 11:34:00 AM
From: Alastair  Read Replies (4) | Respond to of 2444
 
I was told that a broker who has a lot of power in Vancouver is trying to short the stock down to $1.00.

Not sure if he can with this support....he is also showing sell trades through another house (i think Midland / Cannacord).

I think he is from Union....i guess this guy knows that Napier is good and while there is time he will short it down to $1.00 and then ride it back up with news.....so he tells his client.

This is what i was told from my broker...he did some searching and found this out???

Best of luck to all .... remember that this stock has to be manipulated...not falling on bad fundmentals...so dont sell unless of course you feel the company has bad fundamentals!

regards

Alastair



To: David in Ontario who wrote (1483)8/27/1998 11:38:00 AM
From: xray  Respond to of 2444
 
OT, but izp has fundamentals that measure up - managemet, products, patents, cash, and it has huge institutional support at about 1.50 and recently a stock offering was completed at .85, all to big investment firms. Like nir, izp keeps going lower to a bottom, where it will bounce.