Is THIS the Short Selling Trick ...... .....behind the Mysterious .... 'ICEBERG " entity?......
Is it a mere one man shell outfit, and did a different entity actually WRITE the so called 'Iceberg' report, with the same old, same old Short narrative they've been peddling for around THREE years....and has been dismissed repeatedly when they reissued their 'hit piece' under their own authorship and banner quite a few number of times?
And, is the INTENT of what NFG shareholders have repeatedly dismissed over the years a 'Hit Piece', and now is issued under a 'fresh' banner, to avoid past stigma, actually to generate enough stock trading volume to COVER their small short position that they increased during traditional 'summer doldrums' when stocks of resource exploration firms typically have low volume trading?
Who ACTUALLY wrote this 'Iceberg' report?
Has the Short position decided that being SHORT a gold exploration company that has consistently shown some of the highest grade drilling results in Canada over their in excess of 1/2 million meters of drilling in the past few years is too dangerous to continue to hold, now that the gold price is climbing new heights, and Western Investors are waking up to the lowest valuations in the history of the gold stock sector.....while the general stock market is in nose bleed territory?
Are gold related stocks so historically undervalued that they may well become a safe haven investment as gold continues its rise and the general stock market enters a bear phase?
Here's what I wrote last week when this old, tired tirade was released under the NEW banner of this mysterious entity ....'Iceberg'
___________
"I wouldn't be surprised if the big volume accompanying the unveiling of the 'Iceberg report'(which seemed to me so very, very, very similar to the various reports put out by that outfit overseas.....who was the ACTUAL author of the 'Iceberg report'?) was manufactured by various accounts involved in the Short position, selling back and forth to make it appear that lots of ordinary shareholders were selling their shares.
........the 'Iceberg report' may have been written by that overseas outfit we are familiar with, but put the report under another banner, so that it would appear to be fresh and new, from another investment firm.....But the 'Iceberg' outfit is so mysterious, it may be just an entity comprised of one man.
The recent dramatic rise in the AMEX short position over the summer may mean that the Iceberg entity has actually shorted NFG. However, my bet is that given the relentless rise of gold, and the beginning of increases in junior gold stocks (30+% according to a report I read), and the potential significant fundamental news from NFG, may well have made the Short position think it is too dangerous to continue to be Short NFG.
...Thus, the Iceberg report was a tactic to try to scare shareholders into selling. ......from what I've read on these comment boards, the principal of 'Iceberg' as a Short strategy investor, has not been a resource oriented investor. Was he somehow influenced by the overseas outfit to Short NFG, which specialzes in Canadian resource stocks?
.....we won't know for a few weeks what direction the Short interest has been going these past few days.....but, my guess is that the Short position was using the summer doldrums to increase the Short position, and to push NFG stock down this summer, during lack of news.
......it makes sense that the Short position has gotten scared for the reasons above and is covering.....all told between the two exchanges, the Short position over the summer increased from around 2 million shares to over 5 million shares.....how much were they able to cover, if that's what they are doing, during the last three days [LAST WEEK]?
....how much of the volume on Thursday and Friday [LAST WEEK] was 'wash trades' between the Short Players trying to make the volume APPEAR much greater from shareholders selling than was actually happening?
The Short position has been very aggressive in trying to manipulate NFG these past few years, as we see with the two bashers here [one uses hundreds or much more IDs].
The Short position may simply be quite confident in their ability to manipulate the generally low volume resource exploration stocks...though NFG is one of the largest stocks of this nature. However, the stars appear to be lining up for gold and silver and their related stocks, and the Short position must be aware of this.
...thus, they may have decided to COVER!.......I think it's a strong possibility that they are covering. I have posted that the Short position may have been hired by some Big Gold company to keep NFG shares down. But, now I'm leaning more towards the notion that the overseas outfit we are well aware of may actually believe in their Short thesis against NFG, but may have decided their thesis may be not quite accurate, and NFG success and the HUGE macro success of the gold sector is making their Short position MUCH too risky.
The Short figures revealed in the weeks ahead will provide much insight into this Short position phenomenon.....but, clearly, the Iceberg report was part of a strategy it seems to me....we have a good idea of who ACTUALLY wrote it.....and note the timing.... immediately AFTER the FED lowered rates and indicated which way they would be moving rates in the future....down.....Gold's rise looks relentless......that is a HUGE factor looming on Shorty's mind.
________
Well, maybe the key Short player will cajole the moderator to have this post removed, as they often have done in the past.....or maybe what I believe to be, a PROFESSIONAL hired basher will write a long response to this post in red ink to ridicule this post.
Bottom line, this so called 'Iceberg' report is the same old same old narrative the smallish Short position has been peddling for about three years.....are they FINALLY covering?....In a few weeks we will know with the release of Short interest data, which always seems delayed by two or three weeks.
All the above is my speculation, and best attempt to keep up with the possible strategy of the ever present, tiny Short position which has ebbed and waned over the past three or so years.
Well, maybe the key Short player will cajole the moderator to have this post removed, as they often have done in the past.....or maybe what I believe to be, a PROFESSIONAL hired basher will write a long response to this post in red ink to ridicule this post.
Bottom line, this so called 'Iceberg' report is the same old same old narrative the smallish Short position has been peddling for about three years.....are they FINALLY covering?....In a few weeks we will know with the release of Short interest data, which always seems delayed by two or three weeks.
All the above is my speculation, and best attempt to keep up with the possible strategy of the ever present, tiny Short position which has ebbed and waned over the past three or so years.