SEC INVESTIGATE IN YOUR DREAMS LOOK AT THE ACTION NOWThe slime ,that is the short sellers are buying shares ,doesn't matter what the price ...They then are accumulating parcels then dumping them onto the market smashing the price up in the hope that technical selling will come in ,to allow them to cover their shorts at a whopping profit.
There is NO cogent reason this share should be under the pressure it other than the overall short IS IN THE ORDER OF BETWEEN 26MIILION AND POSSIBLY 32 MILLION.
This for the most part is undisclosed NAKED SHORTS which the system hasn't picked as the brokers and others in the financial fraternity are using fully paid up scrip in their possession to short the market.
So unless we get another huge announcement shortly this could continue untill the MUSC (anagram)
have covered their shorts.
Regarding the SEC measures against shorting this does NOT go far enough.
To short any share you have to borrow the paper/shares from a lending broker who will charge you a premium .Once in the greedy slimey brokers possession they can short them.(This short sale should be disclosed to the BUYER but isn't) as a buyer might be another short seller who has to buy in the paper/shares to close his outstanding short position .There are other reasons which I will disclose at another time, sufficed as to say I had a full go at the NYSE who did nothing to address the problems I put to them ,they are a law unto themselves who earn easy money from shares trading which are called TURNOVER SUBS which they can charge One cent per share ,TIMES that by the MILLIONS TRADING IN THE NORTHERN DYNASTY SHARES NAK/NDM AND IT ADDS UP TO MILLIONS OF FREE CASH IN THEIR DIRTY POCKETS
DO YOUR OWN DUE DILIGENCE