OASIS FORUM Post by the Golden Rule. GoldTent Oasis is not responsible for content or accuracy of posts. DYODD.

MetalsGuy @ 11:37 re Northern Dynasty NAK

Posted by Mr.Copper @ 12:28 on February 14, 2017  

I sold 3,000 shares of NAK on Jan 24th, because the price was high, and the Volume bar was huge. See chart below. Today, I stuck my toe back in with 1,000 sh at $2.35. Why? Because the price is LOW, with a huge volume bar.

A company that specializes in shorting like Muddy Waters, probably was already positioned short, then announced the stock is worthless.

Chart: http://schrts.co/kEIxyw

Story:

http://www.prnewswire.com/news-releases/kerrisdale-capital-releases-negative-report-on-northern-dynasty-minerals-ltd-nak-and-announces-conference-call-schedule-300406711.html

P.S. If NAK keeps climbing, I will feed it more funds. 1000 more that 1,000 more again etc, called laddering up.

No Comments

No comments yet.

RSS feed for comments on this post.

Sorry, the comment form is closed at this time.

Go to Top

Post by the Golden Rule. Oasis not responsible for content/accuracy of posts. DYODD.