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North American Gem Inc V.NAG



TSXV:NAG - Post by User

Comment by Durkastanon Aug 16, 2010 2:41pm
450 Views
Post# 17354233

RE: RE: RE: RE: On the move/

RE: RE: RE: RE: On the move/Sure, you're right, everyone is entitled to their opinion. That's what these boards are for.

Honestly though, you're reading too much into a tiny move on low volume. You don't need "vast stock knowledge" to know this.

Shares traded today: 368,000.
Total shares outstanding: around 180,000,000. 
Total $  value of shares traded today: roughly $45,000.
Total $ value of all shares O/S (mkt cap): roughly $20,000,000. 

I think that it's safe to say that this is a non-starter.

If other shareholders on this board  wish to discuss a move of 1 cent on a penny stock on completely insignificant volume, then go right ahead. But, and no offense intended, there is nothing wrong whatsoever with my "calling them out on it".

When something is up, you'll know it from the volume.
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