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North American Gem Inc V.NAG



TSXV:NAG - Post by User

Comment by Wortepon Sep 23, 2009 10:09pm
265 Views
Post# 16333559

RE: L2

RE: L2Thanks Steder for the info.
Once the news starts to travel, I would think that the asks you see at this point will subside dramatically. The bid will continue to grow and of course the SP will rise accordingly. Even at this point all the asks within the .095-.10 level are swallowed up in no time at all. The first 5 entries on the bid side show about a 5:1 ratio. A few traders will make make a couple of pennies per share tomorrow. But this short term thinking will hurt when it comes to what NAG is capable of.
JMHO
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