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Bullboard - Stock Discussion Forum Novadx Ventures Corp NDXFF

"NovaDx Ventures Corp is a mining company engaged in the exploration, development and recovery of coal. The company's operations are principally directed towards the Rex No."

GREY:NDXFF - Post Discussion

Novadx Ventures Corp > Interesting trade
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Post by slowwhizz on Feb 22, 2012 4:23pm

Interesting trade

500 shares at 15.55 dropping the share price over 12%  MM trying to pickup some cheap shares tomorrow?  Doesn't seem likely bad news coming from one of the mines would trigger 500 shares.
Comment by _Highlander_ on Feb 22, 2012 4:45pm
There is an individual or several that have been hammering the stock under the bid  for week, they usually dump 500 shares at the end of the day and then place a big order the next day at the lower price.  This is ultimitaly KIN comunication failure to keep volume moving through the stock, and allows this kind of maniplulation.  The stock will move when the production and sales ...more  
Comment by slowwhizz on Feb 22, 2012 5:07pm
Maybe we all should put a lowball limit offer tomorrow before the market opens and try to beat them at their own game.  Seems like a low risk bet with the stock being dirt cheap.
Comment by slowwhizz on Feb 22, 2012 5:22pm
Did it!  Two can play this game.
Comment by staolin on Feb 23, 2012 12:10am
I don't know what the deal is with KIN but there just isn't money being pumped into these juniors nearing full production. At least none of the ones I'm following.   A lot of money being put into other bigger names atm. In this case we're basically only months away from two producing mines but the SP remains extremely conservative. But two months of a bull run is a long time ...more  
Comment by errussell on Feb 23, 2012 4:04am
What this person is doing is hoping to trigger someone's 10% stop and in the am they will pick up a few cheepies....its text book.....hold long!!!
Comment by dollpartz on Feb 23, 2012 9:19am
Maybe I'll start picking away ..  24 is the 50 day MA. RSI has now slipped under 50 .. Anyway, I'm circling..
Comment by slowwhizz on Feb 23, 2012 9:55am
No takers at 0.236 at opening.  Those 500 shares at 0.235 closing last night were apparently a bogus move.  Highlander is right.  Am I missing something? 
Comment by dollpartz on Feb 23, 2012 10:03am
I don't think you are wrong .. someone is trying to discourage people .. is it me? No.