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Gold/Mining/Energy : Rock Resources -- Ignore unavailable to you. Want to Upgrade?


To: trypod who wrote (264)11/7/1998 1:20:00 PM
From: the Chief  Read Replies (1) | Respond to of 1996
 
Seems to have started inching upward.Good potential here but why so much churning at these levels?

Alot of people watched this stock fall from .60c to .15c and held. Since then, the market has corrected causing significant losses throughout the market for individuals. There was a period where you couldn't sell 5000 shares without having to drop the price of the stock by 4-5c. So the demand picking up is just satisfying the people who always wanted to get out. I would think shares will become scarcer by end next week start of the following. The overhead is diminshing, and so are the offered sahres at higher levels!

NNE.A Naneco, will respond off-line.

the Chief