RE:RE:Today's tradingGearhead407 wrote:
It is flawed thinking to throw good money after bad. It is not today's trading that concerns me. It's that after all the capital and drilling on this land that no one is interested. I agree that the rv looks promising. However no jv partner and no rise in share price. This stock is on a down trend. The opportunity to buy in at a lower price gets better everyday.
The stock was at 18 cents in January. Hardly a downtrend fromt he 8 cents it was just last November.
Someone bought close to a million dollars worth in about 5 seconds a few weeks ago at 14 cents.
Those are indicators I track. Weak investors and professional manipulators dripping shares at low volume daily to lower the stock price is of zero interest to me.
Let me know what company can secure a JV partner without the 43-101 update completed and I'll give you a prize.
45 days or less before the bankable results are out. Right now it's just news.
You can either ride the stock with money you can afford to lose, or you can't.
I'm long. I met management and they are solid. I've got a gut for these types of things and have made a lot of money buying stocks similar to NAM in the past.
Harte gold and Namaste are two of my most recent. Bought Harte at 8 cents as well and sold at 80. Lots of belly aching and lots of nay sayers on that bad boy, held on for a few months and was very happy.
GLTA.