NFX - A Nasty Case of Stock ManipulationA few days ago (as in, during last week)
...when checking pre-open "Bids" and "Asks" for NFX, I just happened to notice BID for NFX was $0.60 and was changed to $1.35 before market opening.
Does anyone really think or believe
...that a stock stays at one price for four weeks without being propped, pushed and pumped. And why would all that buying pressure not cause NFX stock price to rise.
...what if someone owned an awful lot of NFX shares and schemed a way to sell them at higher than practical prices.
...what if many shares that appear to be traded are just being
yo-yo'ed back-and-forth between participating (collaborating) brokerage houses until someone is pulled in as a BUYER and then a sale is actually performed.
And if you're bad in math - how does this sound $0.23 = $1.27 or in actually reality MXV is a j.v. equal with NFX; and if you're confused SORRY - you fail the course.
MXV is grossly under-valued - stay with that - and believe it - especially when the next step of someone's program kicks in.
Nothing we can do ...but watch and be witness to some nasty stock manipulation of NFX.
I predict that NEXT comes MXV financing with a private placement of MXV going to NFX SELLERS and afterwards those who buy into MXV will run MXV up and dump them as they are doing with NFX.
Unfortunately stock trading has less and less to do with honest investing and seemingly nothing that involves integrity.
(P.S. I won $1000.00 last week at the casino).