GREY:NWMMF - Post by User
Comment by
zzthnxon May 03, 2013 9:56pm
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Post# 21338535
RE: RE: RE: Accumulation
RE: RE: RE: Accumulation "when stocks dont move one always says it is under accumalation....what a copout.......flipside is it is under selling pressure"
No, Scanner, not in this case. I've been a longsuffering shareholder in NWM with an average cost of around .145. The trading has been different the last few days. I keep an eye on the trading each day and prior to the good news about the 2012 earnings and the cancellation of the deal to acquire Auriga, you could tell that sellers were dumping their shares and the price kept dropping. In the last few days anything at .02 has been snapped up and the price hasn't touched .015 which was the low earlier this week. Today we actually moved up to .025 temporarily. I think we're finally headed in the right direction.