NORTHERN DYNASTY TURNOVER THE DOUBLE EDGED SWORD OF SHORTING Hi everyone we suffered yet another week of downward pressure....So what I have discovered about
the ongoing decline of the share price is that it is coming down on shrinking volumes and heightened Bear/Short chicanery.I was watching Stockwatch trading on NDM as they give the names of buyers and sellers.DOWN ANOTHER 10% ON THE WEEK.
This what I noticed and that was ,we had about 4 brokers buying and selling the same shares to one another in order to keep the shares from rising .Admittedly there was NOT much interest in the stock from outside buying pressure to take up the slack and push against the naked shorters.....However with almost 26 MILLION shares short and only 2MILLION shares changing between the two exchanges ,this is a huge conundrum for the filthy naked shorts as there ARE NO REPEAT NO serious sellers amongst the big investors the .The retail mob have just about made their minds up to hold.
BUT then we got a piece of utter rubbish written by a distorter of THE TRUTH namely ...
Norm Van Vactor is president and CEO of the Bristol Bay Economic council .He lied about every aspect of the Pebble Project that he could get his filthy hands on.....
While on the subject of shorting.....Northern Dynasty is NOT alone ....The bears are shorting just about everything they can get their filthy hands on .....hardly a share exists that doesn't have some sort of short position attached to it....So I think we should all chill out and let the market forces get their way.
There will be DISASTERon both sides of the market spectrum.....The bears will make plenty out of shorting the broad stock market BUT when it comes to THE COMMODITY COMPLEX ,what they made on the SWINGS ,THEY WILL LOSE HEAVILY ON THE ROUNDABOUTS.....
Northern Dynasty Minerals Ltd (AMEX:NAK)
Short Interest
16.30% (As of Today)
25.39 Mil (As of Today)
Short interest can be expressed as a percentage by dividing the number of shares sold short by the total number of outstanding shares. As of today, Northern Dynasty Minerals Ltd's short percentage of float is 16.30%.
Short interest can also simply be expressed as the number of shares sold short by investors but not yet covered or closed out. As of today, Northern Dynasty Minerals Ltd's short interest is 25.39 Mil.
Now FOR THOSE TURNOVER NUMBERS
NAK (Week ended 21/7) NDM
2,111,783 4,025 DAILY NUMBER OF TRADES 1,048 905,133
2174,601 5,072 1,210 744,606
2,259,741 4,964 620 436,430
2,263,677 4,786 1,063 717,034
1,429,225 3,124 722 443,370
10,212,027 21,971 4,663 3,246,573
751,415,078 < PREVIOUS TOTALS > 372,825,431
761,627,105 < ADD THESE TWO TOTALS AND > 376,072,004
DIVIDE BY CURRENT FREE FLOAT
1,138,426,473
5,32
By the above we can clearly see wher the impending disaster lies,for those of you who have kept track of what I am trying to demonstrate is that whenever getting involved in shares know what you are up against.In this case the imbicilic bears have shot themselves in the wallet as who wan'ts to be short of shares where the days to cover are stretched from 3,5 to now 10/12
The turnover has been slashed by more than half in both NAK & NDM and to add insult to injury the average trade which I missed out above is a paltry 4,66 in the case of NAK and 696 in that of NDM........As a professional this tells me that a lot of the proverbial THIS (anag) lies ahead.
In the absence of proper regulation by either the crooked corrupt New York Stock Exchange or the equally remiss TSX the entire stock markets will shortly be in absolute UTTER CHAOS.....
BRING IT ON SOME MIGHT SAY.....BUT I PREFER ORDERLY MARKETS....BUT I AM AFRAID I DON'T COUNT ....I am here to report what I see and I have laid the facts before you people to make up your own minds what lies ahead for NOT only NORTHERN DYNASTY ....BUT THE ENTIRE ECONOMIC SYSTEM AS IT COMES CRASHING DOWN THANKS IN FULL MEASURE TO THE DISHONESTY WHICH GOVERNS OUR WRETCHED WORLD.
Now Please do your own due diligence and don't listen to the pathetic lies and outright propaganda which is one a dime out there.
KEEP THE FAITH IF YOU HAVE IT .....IF DON'T THEN DO SOMETHING ABOUT IT BEFORE IT IS TOO DARN LATE