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

TSXV:NAG - Post Discussion

North American Gem Inc > great day today
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Post by actionplanner on Feb 25, 2011 6:12pm

great day today

I see someone @ TD bought 200,000 on one trade @9.5 .  Maybe this is bottum ? Could be someone on the know?
Comment by Z06 on Feb 25, 2011 9:44pm
Don't you think that it's strange that TD was the seller also. I mean come-on. TD put up 200,000 for sale & somebody from TD bought the exact amount.
Comment by donat50 on Feb 25, 2011 11:46pm
Sounds like an arranged deal or games.I hope something is coming .NAG always seems to leak out little tidbits before news comes out .We will see Monday .GLTA of us who has waited so long.
Comment by actionplanner on Feb 26, 2011 12:42am
ZO6  that is true , but ,it was still a half cent above , if it was even or bellow I would say the buyer got a bargain, but was willing to pay a half cent premium all in one trade . That same buyer could have chewed away at the 9 cent bids, but he didn"t  and that was more than half the stocks traded today. Could have been the same game as some play at closing dump 500 shares below ...more  
Comment by SUCYN on Feb 26, 2011 6:40pm
It's called a "Cross".... very common when one wants to buy and one wants to sell....It's prearranged....I did it many years ago when I called the IR guy of a gold company and asked if he knew of anyone that would sell me 50,000 shares @ 0.50....He found someone  , and I was told to put in my bid and he would hit it...in moments it happened...SUCYN
Comment by actionplanner on Feb 26, 2011 7:18pm
Likely, but my point is, why would the buyer , buy that many all at once? He must have really wanted those shares yesterday.  I can see why someone would dump 500 @ .005 under at the bell. Or buy .005 over at the bell. but to buy most of the trades in one chunk, at the asks is suspicious. Looks positive for the sp next week.
Comment by SUCYN on Feb 26, 2011 7:31pm
The 200,000 shares @0.095 showed up as the bid and the seller hit the bid...it was not a trade at the ask...I watched it as it happened....still think it was a cross...SUCYN
Comment by actionplanner on Feb 26, 2011 9:16pm
Sucyn, Where do we go from here then ? Depends on nr I suppose,  Tired of posting here , I only hope the sp goes up. I wish someone from the area in Kentucky would post some facts on this BB , The nr are a bit honky to say the least. And who do you bieieve on these BBs? God I thought this would be at least .60 by now 2 years ago.. but .....
Comment by profits4less on Feb 26, 2011 9:23pm
you guys are complicating things.  CIBC, TD, RBC and many others service millions of customers.  If I belong to RBC and want to sell my shares and someone at RBC wants to buy shares it might stay with the same institution, like it might go elsewhere.  Point is, even if it stays in the same house the buyer could be anyone who has an account.
Comment by SUCYN on Feb 26, 2011 10:07pm
When #3 starts producing , we will move up, until then we move sideways if guess...we need a few 6 million share days to eat up all the PP and option holders shares...But IMHO, we will move up....SUCYN
Comment by Snowdogy on Feb 26, 2011 10:31pm
I've been holding for over two years now waiting patiently. I bought before the days of .40 but, alas, stupidly didn't sell at those values so I'm holding long, waiting for a revival like most everyone else I suppose. Something has to give here. I've read all the predictions of $1.25 or more by the end of 2010 and the like but here I sit. Mine #3....OK, I guess I have to wait for ...more  
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