Post by
Big_C on Aug 23, 2010 3:04pm
Dead stock?
IMO, no matter what type of news we get, we aren't going anywhere.
What has changed since the recent highs of
.205 for NAG? Only thing that has changed since the recent highs are the start of Mine #2, PP, close to the start of Mine #3, interest in selling assets to raise money for current projects, and the fact that we are selling coal.
Everything (except the PP, depending how you look at it) has all been positive IMO, and yet we are down nearly 50% from the recent highs.
So either it is a dead stock or we need to report on something unexpected to get anywhere (like striking diamonds or something.)
It seems like no one is paying attention to this stock or it has ZERO credibilty. So reading post after post what the we should see come September/Fall or end of '10, really is nothing. All the opinions are just fun to read and really, the fact is, this puppy isn't going anywhere. I have yet to see any real news that has and sustainability for the price point or really make it jump.
$1.50, $1.00 or even
.50 seems like a pipe dream at this point.
My 2 cents, since that's all that is lift in this NAGGER.
Comment by
Big_C on Aug 23, 2010 3:27pm
That's where I feel that there is no credibility to the stock. A company is only as good as their management staff.I am still wishing though that this ship will turn around. I won't sell at a loss. I rather go down with the ship!