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New Found Gold Corp V.NFG

Alternate Symbol(s):  NFGC

New Found Gold Corp. is a Canada-based mineral exploration company engaged in the acquisition, exploration and evaluation of resource properties with a focus on gold properties located in Newfoundland and Labrador, Canada. The Company holds a 100% interest in the Queensway Project, which comprises a approximately 1,662 square kilometers area, located about 15 kilometers (km) west of Gander, Newfoundland and Labrador, and just 18 km from Gander International Airport. The Queensway Project is divided by Gander Lake into Queensway North and Queensway South. The Company is undertaking a 500,000-meter drill program at Queensway.


TSXV:NFG - Post by User

Post by Evenkeel123on Nov 11, 2023 2:29pm
132 Views
Post# 35730330

Short sellers

Short sellersHey Dan, short sellers are far more knowlegable about a company, it's disposition and financials, insiders, financings, etc. then almost all longs.  They take a big risk shorting a stock, and do with
an arsenel of knowledge that you cannot fathom.

In addition, those that play it long usually know nothing at all about hose playing the short side because they like to close their eyes, put them down as evil, and don't bother to research WHY they are in that position to begin with.  

Naked shorting is quite another illegal activity, but compoud that on top of regular shorting, a lack of
volume in the markets, a negative resource market that everybody says has to reboud right away, and the timeline for everything to happen even in general markets, and you have short sellers that work those numbers, sentiment, and all things pertinent to make a buck.

So no matter how much you lambast "lil shorty" as you call him, he is laughing at you all the way to the bank.  I guess you could say you are fighting a downhill battle on all fronts at the moment.

EK
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