OTCPK:NGMBF - Post by User
Comment by
majstoron Dec 02, 2005 3:45pm
186 Views
Post# 9958115
RE: I TOLD YOU
RE: I TOLD YOU Resspec,
this is not the great price move i was expecting ... for sure. But NAG is not selling off. I would not be woried until we hit .17 and this on closing bases. It was to be expected price to go back and test previous resistance. I was only hoping that it would not happen with this move (as it doesn't happen always with breakouts). I was also expecting to see theprice around upper .20s in these week, but hay ... i was wrong.
Looks like that there are profit takers and several nervous traders around year's high point lined up.
Also looks like there are quite a few "watchers" looking for "on-sale" prices around .17.
But the stock is not selling off now (its too early to claim that at least). Rather, i think that it is only matter of day now, when the tight silence is going to brake, price kicks up and all these watchers start lifting their bid chasing it.
For now we can only be gessing when, all of us ...