NEO Battery Materials Ltd V.NBM

Can anyone comment?

[enddaytrador]

I have noticed that over the last month or so, that everytime someone buys stock in this company, someone sells.  The price is hovering around .29 to .31.  Is there someone out there selling as we buy, how long will this continue.  I have noticed this with some other stocks, can anyone explain or am I just not having enough patience, I have been long for about 1 year now.  Thanks in advance.

[eldreco]

That is a good question - and given the lack of contributors to this particular board, I'll bite. Always two sides to every deal.  We can't manage that, but it is the reality of how this market works (whatever our personal feelings about how good these guys are!).  you or i cannot wave our magic wands and say the price should be this...neither can we alter the fact that some

[hk1966]

Call it the "Roberto "  effect..lol 

[enddaytrador]

Thanks for the reply, I am not a basher, just someone that knows chem and have put a fair amount into this stock.  This is a good company, they have a solid research team with many years of experience.  After watching most stocks go into the negative, I thought this was holding its own, but with current events, who knows what will happen.  Again, thanks for the reply, Its good to

[eldreco]

Thanks EndDay, In mining, you have a Junior Explorer...who has gone through all the pain and finally decides to bite the bullet and become their own mine (like 1 in a 1000 odds)...a remarkable achievement.  After all the excitement...the stock drops!  (Look up the Lassonde Curve).  Of course, there are hundreds of millions of dollars that they have to come up with somehow to do

[Zevo]

Anyone notice the L2’s? Keep an eye tomorrow. Saw the same activity back in the fall as our price was dropping. This is being done purposely..to drop the price. Ask WHY? Asks are being stacked putting downward pressure on the price. Sellers in definite control and taking advantage of the LACK of buyers. This could fall a few more cents tomorrow. I can’t imagine someone creating the downward

[eldreco]

thanks Zevo..good post! They are screwing with us because they think they can.  They know Spencer is right...so, go shake the trees for the Nervous Nellies. Hw many times do we have to watch this scenario?  Hold tight...buy a few more....if only to say...In a pig's eye! el d

[enddaytrador]

Its like I said in this earlier post back in March: I have noticed that over the last month or so, that everytime someone buys stock in this company, someone sells.  The price is hovering around .29 to .31.  Is there someone out there selling as we buy, how long will this continue.  I have noticed this with some other stocks, can anyone explain or am I just not having enough

[throwaway11]

entire canadian microcap market is full of companies with cheap shares given to insiders, financing parties, etc. They can be sold to the public at almost any price for an almost total profit for the people who got them. idk if that's the case with NBM in particular, but the rude awakening retail investors have had over the last few years as -heavily- killed the momentum that the microcap

[Zevo]

I don’t believe insiders are selling.. never going to fault someone for selling, but if it’s retail selling I would question the motivation. Short position is insignificant imo. when the price is setting a new 52 week high, it won’t matter so much if you bought at .45 or .35. But if you didn’t buy at all cause your waiting for price to tank, I can guarantee you will kick yourself for not buying