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Bullboard - Stock Discussion Forum North American Gem Inc V.NAG

TSXV:NAG - Post Discussion

North American Gem Inc > Do you guys think the s/p
View:
Post by Saturn4 on Oct 16, 2008 1:13pm

Do you guys think the s/p

Will go to .06 tomorrow or are we testing the bottom right now? 

I don't think we will be getting any news today and hopefully it won't be tomorrow (bad news usually reserved for Fridays) ...

NO Bashers PLEASE,.
Comment by lalala1 on Oct 16, 2008 1:26pm
I think it all depends on what we close at today, if it's 7.5c then for sure 6c tomorrow.  If we close at or above 8.5c then probably not, and more than likely it wouldn't go below 7c tomorrow either.That's just my guessAnd news I would hope not today or tomorrow. lol.
Comment by wind00 on Oct 16, 2008 1:43pm
the next few weeks will tell the tale.I believe bottom will be at 4cents.lots of tax loss selling to come yet.GL
Comment by Saturn4 on Oct 16, 2008 1:45pm
Selling for tax losses?  Too early right now.  Maybe in December or something, but by then hopefully NAG will be close to mining and people will hold/buy.
Comment by Saturn4 on Oct 16, 2008 1:45pm
That makes sense lalala ... it all depends where we close today.
Comment by Auntidiamante on Oct 16, 2008 1:49pm
Saturine4, expect to close at FOUR and one HALF cents, SOON!IMO!PS - where's your little pal, the ID thief micanushi?
Comment by lalala1 on Oct 16, 2008 2:16pm
We will see the SP rise again in November, expecially when OPEC dramatically cuts production and sends oil over 100 again.  That is when the TSX and TSX.V will bounce back... until then we could see 4 cents.
Comment by Aunt_Sally on Oct 16, 2008 2:19pm
LOL lalala, good one!!!Aunt SallyPS: I like a guy with a sense of HUMOR!!!
Comment by Auntidiamante on Oct 16, 2008 2:20pm
Only a real boob would make a statement like THAT, lalaland! IMO!PS - don't be a boob, SELL now!
Comment by Aunt_Sally on Oct 16, 2008 2:22pm
Only a boob would keep abreast!!!Aunt SallyPS: Don't be lop sided, buy 2!! IMO
Comment by lalala1 on Oct 16, 2008 2:28pm
So I guess you disagree with me, but I'm wondering on which part?that the TSX and TSX.V are strongly influnced by the price of oil?orThat OPEC has plans on cutting production heavily to keep oil over 100/barrel?
Comment by Aunt_Sally on Oct 16, 2008 2:36pm
NO turn around anytime SOON!!! It's SIMPLE!! So forget about your goofy theories!Aunt SallyPS: Sell NAG today, so you can buy your groceries tomorrow!!!!
Comment by Saturn4 on Oct 16, 2008 2:39pm
You make perfect sense lallalal ... with the rise in oil, we will see a rise in the Can. dollar.  My projection is that by the end of the year, oil will skyrocket ... interest rate cuts (and more to come), dilution of the U.S. dollar, inflation, OPEC - WOW, are we in for some tough times in the coming years.  BUT, IMO, NAG will do fine .... The reason i was asking if NAG will hit .06 ...more