EOD Hammer The shorts always have the right to control the End of the Day closing price ( EOD ) which is represented by the KQ code on trade station data.
99 times out of 100 the share price of NFG has been KQed , generally the low of the day.
Today was no different .
It will never be different unless and until management stop accepting this external control of our share price.
Because that is what it is.
In essence, management have abdicated their control of our share price to the shorts.
I need not remind you that the money the shorts make is taken from your investment .
It has been a one way street, as the shorts have never been challenged by managemnt.
So, our share price..and your investment in NFG..is managed by....in absentia by an inactive NFG management ..the shorts.
Which means that your investment here will be dead money, as it has since 2021.
So, you can continue to bend over ...or become an activist shareholder...