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Gold/Mining/Energy : Nuinsco Resources (NWI) -- Ignore unavailable to you. Want to Upgrade?


To: 4TNiner who wrote (2108)3/22/1999 4:06:00 PM
From: Gary Nash  Read Replies (1) | Respond to of 5821
 
Boy, it's hard to believe that today we could buy NWI for half what some did a week ago! It looks like a lot of people got "picked off the tree"; will be buying in the morning again. I am getting the impression that news will come out every week to 10 days after speaking to the IR helper; still waiting for a call from Cathy Hume.



To: 4TNiner who wrote (2108)3/22/1999 4:17:00 PM
From: Serge Collins  Read Replies (1) | Respond to of 5821
 
4TNiner: That would depend on how widely disseminated the news is. If only insiders and a few "in the know" people were aware of something negative, the price would not necessarily go below $1 until the general investing public became aware.

Just look at the bewilderment on this thread to see how much people can be in the dark until it's too late. Judging by today's action, this does not appear to be a shakeout. The stock fell and couldn't find a bottom, it just kept falling. There was no buying interest.