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North American Gem Inc V.NAG



TSXV:NAG - Post by User

Comment by riddlethison Feb 05, 2009 1:39pm
461 Views
Post# 15755331

RE: RE: RE: Why today?

RE: RE: RE: Why today?
Goodinfo,

whenever there is selling, there has to be buying.

Obviously today there is someone who has alot of shares to sell.
Maybe someone who has to clear his account ?!?!!
That is why the down tick by .005 to.01

What is unusual is the volume.

If there was no interest in NAG,
the selling would push the stock down much more.
With the price down only .005 with almost a million shares traded,
TO ME,
that indicates that there is solid support.

NAG is overdue for a project update.
Any sign of something coming out, will push this stock
back up to its recent .07- .08  "floor price".
If the news advances the project, more than investors anticipated..
a larger shareprice jump will be seen.

All things we have seen time and time-again.
All things using  "old school"  traditional thought.


riddlethis
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