Neo Performance Materials Inc NOPMF

Pure irrationality

[throwaway11]

Days like today it's difficult to believe the market will not just simply go straight down to zero. Given the facts, what is going on with this stock makes very little sense.

I remember some months back the CBC published an article speaking of a Chinese plot to destroy or manipulate the stocks of several Canadian rare earths companies. I have come to realize that Neo Performance Materials very well could have some kind of a target on its forehead.

[RusticHit]

Crazy sell off when Financing was at 15 Bucks ,, Looks like there is some reason for such a sell off 

[porksniffer]

I don't think it's some sort of Chinese plot. Small caps just get annihilated in a rising interest rate/reccession type of environment. Furthermore the $67 million bought deal is now severly underwater and the ones who bought or pushed talked into the stock by their brokers at $15 are now dumping as it drops below $13 and rightly so. The August low is in the $10's; can easily go back

[RusticHit]

Loaded around 12.50 will keep some powder dry to average down if that happens they got 60 ++ millions recently so no worries 

[porksniffer]

This is a mistake. It is going lower. 

[RusticHit]

Lets see whats next Cancrap is main seller today i think some one blowing out  financing Deal shares 

[RusticHit]

Underwriters selling the shares lol looks like they could,nt sell to other at 15 bucks cancrap and anoy. are big sellers again

[throwaway11]

Sorry but this doesn't make any sense. Why would the party who bought at $15 willingly tank the stock because they're a few dollars under the entry price less than two months after the closing? If they know the stock is beta sensitive they would be even less inclined to do this because just selling a portion of their holdings would create a downward trajectory on the bulk which they still

[Specific]

Sure don't have to twist my arm to ADD at these prices.....and 3.8 ish % dividend to boot