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Bullboard - Stock Discussion Forum NEO Battery Materials Ltd V.NBM

Alternate Symbol(s):  NBMFF

NEO Battery Materials Ltd. is a Canadian battery materials technology company. It is focused on developing silicon anode materials for lithium-ion batteries in electric vehicles, electronics, and energy storage systems. With a patent-protected, low-cost manufacturing process, it enables longer-running and ultra-fast charging batteries compared to existing technologies. It is a producer of... see more

TSXV:NBM - Post Discussion

NEO Battery Materials Ltd > Can someone answer this question
View:
Post by enddaytrador on Apr 05, 2022 1:58pm

Can someone answer this question

Who would sell at a time like this, what would be their reasoning for selling this stock to bring it down in value?  Good luck to all the longs.
Comment by lscfa on Apr 05, 2022 2:01pm
Sell your shares and buy units (share + warrant) at lower price.    
Comment by enddaytrador on Apr 05, 2022 2:10pm
Thank you for the info, what is the disadvantage of doing this?  Thanks again.
Comment by lscfa on Apr 05, 2022 3:58pm
If someone has got wind of a financing coming they could be shorting the shares and will cover with shares/units from the PP....         https://www.theglobeandmail.com/business/article-proposal-to-ban-short-selling-ahead-of-deals-to-shake-up-junior/     Proposal to ban short selling ahead of deals to shake up junior markets   MARK ...more  
Comment by Bullchart1 on Apr 11, 2022 11:34am
Exactly... good post