SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : NRPI at a new low but company is making money. -- Ignore unavailable to you. Want to Upgrade?


To: blake roberts who wrote (367)5/3/1999 6:35:00 PM
From: PREFSTOCK  Read Replies (1) | Respond to of 656
 
By: Prefstock
Reply To: 50 by raiiden Monday, 3 May 1999 at 6:33 PM EDT
Post # of 51


For a stock to do as well as NRPI did friday and even close with a higher bid the following trading day is really good IMO. I think we have said all along that this was not a pump and dump. Gradual growth is the key. Let the company do their job and we'll hold and make $ which is our job, hehe. If u are seeing the stock down today and wondering how it's better than friday let me explain. friday we closed at .55 by.63, last trade was at the offer(a buy), (.63) so when u see today it's down 10% , lats trade at the bid (a sell),(.5625) it looks like we went lower but actually we went higher today. We are at .5625 by .60 now. That is better than .55 by .63 for 2 reasons. 1.) we have a tighter spread so it attracts more buyers.(which day would u have rather bought?) 2.)we had 1 bid at .55 friday (not much support/strength), today we closed with 2 mm's at .56 bid. (A stock with the float that this one has it's rare to see more than one at any one price on the bid).We have 7 mm's over .51 on the bid, that is huge. If we went 7 offers up we would be at .74.
Here is the mm line-up
HILL .56
PARA .56
NITE .53
HRZG .52
PGON .51
SHRP .51
TRWN .51 They are all bidding to buy shares :). But we aren't selling , that's why they raised the bid to .60 a few times today. Stock traded at .60 by .61 today once.
Offer Side
HRZG .60
PARA .61
NITE .63
WDCO .65
PGON .71
USCT .71
NAIB .72
SHRP .74

Have a good one you all. Buy this play for the right reasons. Do your due dilligence so that if it dips one day you know to average down and not worry. See u at $5 plus. :)