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Bullboard - Stock Discussion Forum Neo Lithium Corp NTTHF

Neo Lithium Corp is engaged in the business of exploration operations. Its principal business activities are the exploration and development of resource properties. Its project includes the 3Q project. It operates its business in the countries like Canada and Argentina, however, most of the revenue is generated from Canada.

OTCQX:NTTHF - Post Discussion

Neo Lithium Corp > NLC SP
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Post by tiger6301 on Dec 07, 2020 2:47pm

NLC SP

Why is the drop in SP, I wouldn't expect it to drop so much, and just NO money left to buy more!

tiger
Comment by Greektome on Dec 07, 2020 11:43pm
Relax, this stock has tripled in the last 4 months. You have to understand how tightly held NLC is. All it takes is one individual who holds a fair bit to take a profit and move on....with low volume of course it'll drop. No stock goes straight up without pull backs. Some guy dumps 20k shares at market price and a stock like this drops 10per cent. Doesn't mean anything has changed. When ...more  
Comment by neosceptic on Dec 08, 2020 8:50am
Yes, it is a clear profit taking on no news. Some did it during high volume, higher price trades. Others are waiting for price to settle, hoping for more increases, when it plateaued instead, they sell it pushing s/p down.  Many bought NLC on its lowest .50-.70, had s-t intentions and quite satisfied with doubling up. Many do not even bothering to read presentations, but followed their ...more  
Comment by tiger6301 on Dec 08, 2020 10:34am
Hi Greektome & Neosceptic, ALL good points. I am not worrying about daily fluctuations, just frustrated with so many loose hands. I have been with NLC since 2017, average down from $2 to 50 cents, and it's more than half of my holdings.  It is a long play! tiger
Comment by Greektome on Dec 08, 2020 11:34am
Tiger, I'm not trying to brag believe me but I became a wealthy old fart on one stock. Several years ago I invested about 3/4 of my portfolio on Air Canada and averaged about $1.20, it ran up fast to about 3$ and I almost pulled the trigger. About one month later a very scathing article came out about how close to chapter 11 the company was. The next day it opened at 2$ and stayed down for a ...more  
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