The Trigger to New Highs And How to See the Run CommingThe Trigger:
If management can trigger the 3 million plus outstanding short shares to be bought back then we will see new highs. Management can trigger this through strategic buy backs in the upcomming weeks, or it can also be triggered buy a catylist event such as th sales licence or amazing revenues.
How to see it comming:
This stock has been shorted lots and is no secret. Look at the level 2. When the bids and asks thin out, that means the short traders with open orders are cancelling thier orders. for Naked short selling in canada to be legal, from my understanding, has to have a buy and sell order in at the same time. So in my opinion and observations of this and other equities in situations, the run will be follwed by a thin out of asks and bids, followed by a few buys and then hopefully the 3 million shares will be recovered in the open market in record time bringing the stock to new highs.
This is of course my opinion, time will tell, but the peices are in place to see a large run brining Nam to NEW HIGHS!
Sincerely,
The Investergator