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Bullboard - Stock Discussion Forum Northern Graphite Corp V.NGC

Alternate Symbol(s):  NGPHF

Northern Graphite Corporation is a Canada-based flake graphite producing company. The Company is focused on producing natural graphite and upgrading it into high-value products critical to the green economy, including anode material for lithium-ion batteries/electric vehicles (EVs), fuel cells and graphene, as well as advanced industrial technologies. Its mining operations include Lac des Iles,... see more

TSXV:NGC - Post Discussion

Northern Graphite Corp > Who is still pressuring it down?
View:
Post by ecolo101 on Feb 16, 2024 4:13pm

Who is still pressuring it down?

At this level we should get traction, just keep your shares 
stop selling , then offer and demand will do the rest. Volume would then fall to very very small level until a big believer would make it run up and up.

i can not understand why we are just not exiting the bottom....
all the best to all
graphite is there to stay without a doubt
Comment by youknowwhat on Feb 16, 2024 4:58pm
February 1 to 15 shares shorted 291,590 total dollar amount $57,801 for an average price of 19.8 cents. This DOES NOT represent the increase in the short position as there is no data for the number of shares covered during the period.  We will see the short position next Wednesday morning. A lot of this volume is short sellers moving their position to other accounts as they are being ...more  
Comment by GripnRip on Feb 16, 2024 5:37pm
Might also be some rookie investors chasing the latest graphite "story" , which helps entry NGC price point for patient investors...who buy low
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