Post by
deepoil0808 on Oct 07, 2024 1:50pm
VOLUME (corporate body language)...elephant walking in
It is very hard for an elephant to walk into a room and go unnoticed.
NILI is surrounded by potential bidders in what is becoming a BIDDING WAR.
One clear indication that there is activity in the background is VOLUME.
Today volume is 1.4 million shares. A firm like Rio, Evolution Mining, Telsa, etc....acquiring shares on the open market will not go unnoticed. It takes time to accumulate a big position.
So if volume continues to spike up over the coming 2 weeks, then you know for sure that NILI is going to be BOUGHT OUT pretty soon or, big the subject of a buyout offer, even a hostile one.
Good Luck,