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Bullboard - Stock Discussion Forum 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... see more

TSXV:NFG - Post Discussion

New Found Gold Corp > Naked Shorting..Wash trading on Olympic Scale
View:
Post by nozzpack on Jun 20, 2024 10:24am

Naked Shorting..Wash trading on Olympic Scale

Again today..
256,000 shares traded ..all but about 30,000 have been wolf pack wash traded to smother any attempt for the share price to rise..
Comment by BladeMaster on Jun 20, 2024 11:49am
HUGE volume on ZERO news, truly incredible!  Let's say it's 350k to 400k by EOD, that's $1.5M to $2M value traded ~ WOW
Comment by BladeMaster on Jun 20, 2024 12:25pm
With that said, with huge volume, sellers are only capping the rise in share price...  NFG down less than -1% on the day, allowing buyers an opportunity to add more shares
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