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

TSXV:NAG - Post Discussion

North American Gem Inc > in at 0.19......
View:
Post by trader520 on Apr 12, 2010 12:31pm

in at 0.19......

earlier this morning.

missed out on the CMK run, not gonna miss out on this one.

2fast4u, good to see you here. as you would say, "i put my lunch money into this one". funny, my WTN i bought a long time ago also started as lunch money.........wish i would have bought more. not gonna make that mistake again. (i am not predicting for NAG to go to WTN levels).

only this i don't like about NAG is the uranium stuff, way too much of that out there, for poor prices. as long as they stay focussed on the coal, i see lots of upside here.

Cheers and GLTA
Comment by dacha8881 on Apr 12, 2010 12:45pm
Doesn't this make you wonder????:North American Gem Inc. (NAG)As of April 11th, 2010Filing DateTransaction DateInsider NameOwnership TypeSecuritiesNature of transaction# or value acquired or disposed ofUnit PriceApr 09/10Apr 05/10Desjardins, CharlesDirect OwnershipCommon Shares10 - Disposition in the public market-100,000.195Apr 09/10Apr 05/10Desjardins, CharlesDirect OwnershipCommon Shares51  ...more  
Comment by trader520 on Apr 12, 2010 1:03pm
Yeah, I call it profit taking. I do it too. Stock just had a great run. If I would have gotten in at 0.10 I would be doing the same.See what happens.........
Comment by axel22 on Apr 12, 2010 1:24pm
This doesn't surprise me at all. They have been doing for ever and will probably continue to do so. Funny how all the trading has dried up after millions had traded in previous days.  They sell at .195 and the options come out at .18 I believe or in the neighbourhood. This will not be the end of it. Wait till there is another run in the stock once a few more things fall into place. They ...more  
Comment by actionplanner on Apr 12, 2010 3:10pm
axel,  I look at the options differently, the insiders want to keep the sp low till the options are okayed by the sec. insiders want a huge stake before the share price moves up. Who wouldn't? They also didn't try to issue options at a ridiculous low level of say .12-.15 so this should tell the average investor that the sp. will go up from here, who knows how far, but the company ...more  
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