GREY:NWSKF - Post by User
Comment by
taylor1988on Mar 15, 2012 10:52am
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Post# 19673816
RE: RE: Partial Repost
RE: RE: Partial Repost Great post Goldmember.. the manipulation is everywhere in this sector lately.. TK is just one example.. I could name several as I'm sure you could.. lol!
I feel TK and some of the other examples have been hurt by smaller market capitalizations (much easier to manipulate a $40 M dollar company - TK).
I just can't see Jitney/Cannacord trying their same games here with NES.. Cannacord is a buyer and was churning the share price in the past to add but Jitney doesn't have the shares to dump here from what I've seen of their house positions nor do they have enough money to make a ripple in the share price. Manipulation will always be prevalent but I feel only so much can be done when you've got insiders willing to pay above market and financiers adding below $3 happily.. we could see a test of $2.85 or $2.80 but on 20k-30k shares is meaningless..
NES is just like gold in my opinion.. you've got the fools selling paper gold while the Chinese/Indians lock it up in vaults and it all gets transferred to the East and just like in NES you've got impatient retail/small manipulators hitting the bid.. while Cormark/Haywood/Woodstone/Lundins/Management/This board tuck shares away and forget about them.. at some point the shares dry up and lift-off begins.