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 : Naxos Resources (NAXOF) -- Ignore unavailable to you. Want to Upgrade?


To: mark silvers who wrote (16507)10/3/1998 12:50:00 PM
From: Larry Brubaker  Read Replies (1) | Respond to of 20681
 
Mark, my memory is a little sketchy now as well, but when you fall from $5 to <.01, there are big percentage moves all the way down. E.G., .15 to .10 is a bigger percentage move than from $5 to $3.

Haven't been following Naxos very closely for some time but I saw a reference to chaos at Naxos on another thread so thought I'd pop in for a visit.

Unfortunately, the situation here appears to be at least as ridiculous as at any of the other dirts. What a group! DELGF, $30?+ to 0. IPMCF, $14+ to <.01. GPGI, $4+ to .33. Maxam, $3+ to .15. CHIP, $2+ to .08. Naxos, $10+ to .50.

Oh well, they've made a lot of money for the shorts.