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


To: Gary Nash who wrote (2114)3/22/1999 5:09:00 PM
From: Tom Cat  Read Replies (1) | Respond to of 5821
 
Gary,
I had my two cents on the SOE thread, it was a typical case of pump-and-dump promotion, what really surprised me is that after the pp was called off, the price kept climbing before it tank.
Back to NWI, we knew that volatility would be the trade mark of this stock, today was a huge shakeout, Cannacord loaded their boat with cheap shares, problem is they will start selling from 2.+ on and stock will take a while breaking the Cannacord barrier, but they know that this is going back up, no news for a week, a lot of speculation (either way) left in this play.
TC



To: Gary Nash who wrote (2114)3/22/1999 5:25:00 PM
From: Rocket Red  Respond to of 5821
 
Gary you bark at Soe because the results are known now.You are the one who posted NR this wed on nwi.As I see FM sold more than they bought today.Yes FM did the PP so they are in the no of information.As I expect when the news comes out next week monthend selling would be over and a new month will start so it takes the selling momentum away
for a few days.
Nwi Closed weak today and will open down tommorow as the selling pressure is still there.