How shorters make moneyWhen investor X buys NFG those shares get sent to their broker. Shorter Y borrows those shares from the broker and sells them at market price on the condition that those shares have to be replaced/brought back on demand. Shorter Y then does everything within their powers to drive the stock down. The further down NFG goes the more money they make.
These public bullboards attract their share of shorters and shorter trolls who are trying to use these bullboards to make money. When someone writes that NFG is overvalued is that an honest opinion or a quest for dollars? Shorters flooding the marketplace with their wild claims is nothing new.
Every million ozs of gold in the ground is worth one billion USD in profit to NFG or $5 USD/share. How much gold NFG will have is an unknown at this time. I will speculate 4-5 million ozs at Keates-Iceberg alone. That is why I ignore the shorter trolls.