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North American Gem Inc V.NAG



TSXV:NAG - Post by User

Bullboard Posts
Post by Enma_49on Sep 01, 2008 7:35pm
583 Views
Post# 15423970

Chart

Chart

Just curious what happened on Friday (because I was away) and checked the chart:

img388/1672/charttw2.png

a 400K single trade at 10:50am drove the SP to 21 and then immediately followed by 300K dump, around 13:20 & 14:15, there were two big dumps (300K and 150K).  This is clearly a chart manipulators were trying hard to drive the SP higher and quickly dump more shares.  Anonymous was selling, retail investors from regular trading houses were buying.

NAG won't have permit for another two weeks as I predict. The SP will have to go back to the 0.12-0.17 box.
Let's wait a month to see if Charles or Bruce sold last Friday.



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