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


To: chris who wrote (1665)9/20/1998 3:09:00 PM
From: David in Ontario  Read Replies (1) | Respond to of 2444
 
BC David - why so angry?

I've read your recent posts - and I don't understand your frustration - nor do I appreciate some of the language you have used.

You tell us you got out @ $2.18 and made a profit on that sale - great. The news on Friday will drive NIR higher - and there will be similar News at irregular intervals going forward over the months/years ahead.

If you decide to come back in first tomorrow at under $2.18 and restore your 2,000 NIR share position - you would still be ahead and you'll be setting yourself up to take another profit.

Isn't that what this is all about - using investment strategies of one type or another to make some $$ - with many of us supporting deserving companies on the long side?

NIR has already turned a profit for you - will again if you want that - but you seem annoyed that you've made a profit? Are you looking to give your $$ away?

I'm looking to build my $$ - I'm long on NIR - I've said many times now that if it takes 5 years for NIR to reach $10 it will have done very well for me - but it will most likely get there well ahead of that schedule. Bottom line - I'm going to make a killing with NIR on the long side.

Have a drink and calm down. Alternatively you can look for other investment vehicles, start posting to those sites, and then when you take another profit you can start using your coarse language to blame everyone and everything because you made another profit.

I suspect that you're a diehard Clinton supporter - which may explain your anger at the world. Hey no-one forced him to drop his pants every five seconds, nor lie to everyone. I'm just trying to understand your juxtaposed profit/anger investment strategy - and Clinton is certainly a reason to get angry at what he has done - whereas NIR is a little sweetheart. Am I on the right path here in trying to understand your confusing investment style?

David



To: chris who wrote (1665)9/20/1998 3:34:00 PM
From: AL  Read Replies (1) | Respond to of 2444
 
Hi Chris. Your guess as to Mondays action is almost the same as what I was thinking. I can see an open of about 1.80, with a close right near the high.
Here we finally have some sales estimates. Will the shorts be able to buy back at theses levels again. I doubt it. So, then, they will be wanting to close out their short positions MONDAY. Maybe a short squeeze. One thing is that if they are to make the max gain on thier short position, now is the time to buy.
With the public knowledge of some sales, this will enable some small-cap funds to buy in finally. More buyers to compete with the shorties.
There is also the element of possible near-term contracts to other major carriers, which ***In MY opinion**** is enivitable. With this speculation of rapid earnings growth, the participation of past buying may well be re-activated.

"....65% Margin is Pie in the Sky. Looks like you are a grad from the AL School Of Business as well!..."
Davie boy, I have been to university for business, and you demonstrate that you have not.
The 65% margin is a figure that you can get straight from Napier. I really doubt they will lie to shareholders, nomatter what you think!

Napier sells directly to the aviation industry, and the shipping will be paid by the buyer.
Pay no attention to anybody who thinks that NIRs profit will shrink from 65% to 22.5% because of logistics <LOL>
For any of my own calculations, I will use 50%. And let's not forget 2 important factors:
1) The product is priced in U.S. $$$$$$$
2) Napiers fixed costs overhead is approx $900,000 / year CANADIAN.

Regards, Al