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


To: Ginco who wrote (1803)10/6/1998 9:53:00 AM
From: Random Walk  Read Replies (2) | Respond to of 2444
 
Re: Closer look at Napiers market action. I would disagree. Larger blocks have gone on down ticks on balance. Also, the failure to breach the $1.80 level is negative. But this is a penny stock with a pretty thin following. Once the story get's out, boom! 2.4 million warrants? Seems to me some of these folk are going to want to get paid. Could put a drag on post news market action. Don't be misled, there is nothing positive about Napiers chart. What is positive are the developments this company has had and will have. Sooner or later supply demand factors will bend in our favor.
Don Schreiber