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Gold/Mining/Energy : NP Energy Cp New -- Ignore unavailable to you. Want to Upgrade?


To: grantsi who wrote (13587)1/26/1999 11:41:00 AM
From: DR. MEADE  Read Replies (2) | Respond to of 22810
 
grantsi, seriously, you should not be in the stock market. You have such a limited knowledge or appreciation for even the most fundamental concepts, that it is quite frankly, pathetic. Please be responsible enough not to post here , as it confuses new people who want to find out more about NPEC. No offense, but your messages are ludicrous. Sincerely, MAGGIE MEADE



To: grantsi who wrote (13587)1/26/1999 12:06:00 PM
From: Ken Sammut  Read Replies (1) | Respond to of 22810
 
grantsi,

AGTI has traded almost 60M shares in the last three days and moved up from .07 to .024 on anticipation that it may be coming out of bankruptcy today.

60M shares and less than a 2 cents move. A lot of day traders made 100 to 200% on their money and a lot of people who bought months ago, are just trying to get back some of their investment.

By the way 60M is more than half the float of AGTI. This is what happens with pennys.

In AGTI's case, if it gets a favorable court ruling and their debts are reduced or waived, their climb up will be much faster.

In NPEC's case, this volume is in anticipation of news. Day traders are taking advantage of this anticipation as well as others who are reducing their losses instead of (possibly) waiting for a bid payday.

I would not be surprised to see more profit taking then some more buying come in on MDIN and NPEC until news is released.

Welcome to the world of Penny stocks.

Ken