RE:why i boughtWho is selling? The site I checked only showed Darcy Daugela selling his usual amount (25K max.). If that is all, it's old news. Since 3DB are no longer part of the company, they have been trying to slowly sell out, and with close to 40M shares I can't blame them for trying to free up some cash. I would not consider that bad news...or was there something I missed?
Actually, Samantha Shorter exercised some options, took posession of the shares, and kept them...which is a positive sign.
ratsnake220 wrote: Honestly i still see this as a $5.00 stock.....But not without a JV with a partner with deep pockets....who can take the technical advances the nerds have created....and tell these guys to stop trying to line the boards pockets with refinance and warrants.....This has to be perceived by the big boys as how can we being the big boys make alot of money off nxo....or is it just a name on a list of 100 suppliers.....But that presentation today did nothing.....what people like me did was go to insider.ca....and check out all the selling.....To me they effectively amounted to SHORTING THEIR OWN STOCK....So your trying to put out news and stock up 40% in last year and your selling!.....Wonderful.....