RE:RE:takeover bidShares are under steady accumulation. Lots of small blocks followed by moderate to large size crosses indicates that stock is flowing from retail to institutions. The price won't move up until the selling abates, or sellers have been cleaned up at this level.
ACESover wrote: The problem Niceguy is there are no nice guys in the markets. It is a totally dirty game contolled my insiders, pro traders and big brokers (Morgan Stanley, Goldman and Merrill Lynch come to mind). Throw in micro second alg`s and robo trading and they will be the one`s who determine the take out price. I have seen it time and time again where a junior explorer finds a great property only to have shareholder`s screwed by the big money. The above mentioned names and others know NXE is a once in a lifetime opportunity and their greed will f/"k Joe Retailer everytime. There are probably 10 analysts calling for average price of around $5.00. So why is NXE sub $3.00
ACE$.