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Bullboard - Stock Discussion Forum Novo Resources Corp T.NVO

Alternate Symbol(s):  NSRPF

Novo Resources Corp. is a gold explorer focused on discovering gold projects. The Company is engaged primarily in the business of evaluating, acquiring, exploring, and developing natural resource properties with a focus on gold. It has a land package covering approximately 5,500 square kilometers in the Pilbara region of Western Australia, along with the 22 square kilometer Belltopper project... see more

TSX:NVO - Post Discussion

Novo Resources Corp > Post on CEO private Novo channel
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Post by WisGuy1 on Feb 05, 2022 3:11pm

Post on CEO private Novo channel

Maybe this is related to the NVO main board ever so directly, or more indirectly???: https://www.zerohedge.com/markets/doj-crackdown-activist-short-sellers-has-expanded-target-more-30-firms
 
Organized bashing/misinformation/accusations/etc. could well be a business tactic, as it is for -seemingly- some of these 30 firms being investigated.
 
Some of this is valid and fair- such as uncovering things that are untoward in certain businesses out there. No problem! The problem comes, when a "short activist" firm runs out of good legitimate shorts and stories - do they make up additional ones, or attack companies which may or may not seem like a potential target after shorting the stock naked??? It is easy to believe that this is very tempting, for some participants. Find an angle, short the stock, and hire som bashers..... Who knows for sure?
 
I know that Eric Sprott has long suspected that such organized shorting activity is happening in some canadian juniors. He is even involved with an organization as I recall trying to change the rules to prevent it.
Comment by BuccsDeliTruck on Feb 05, 2022 3:41pm
This post has been removed in accordance with Community Policy
Comment by Perambulator on Feb 05, 2022 3:54pm
Newby buys shares in the company with the greatest "gold disovery of the century" as that company hires professionals to talk up that company. Newby looses most of his money when the truth comes out. Rather than accept that he was taken in by the paid professionals and his own greed, newby labels those that dare highlight the true situation as "bashers" and try to get them shut ...more  
Comment by likeike on Feb 06, 2022 1:02pm
Your a funny guy Premature somthing guy You have reduced the stock market to a soap opera. If only the world was as simple.IKE