Post by
ifront on Jan 27, 2021 4:51pm
Used all their bullets
Hello all,
It seems that NOU used all their bullets to increase their share price in the near term. In vain....
We will have to wait for another news (Permit?) which is not happening in Jan as we were told...
Staying long, but disapointed that we could not hold the momentum.
That PP killed it for now.
ifront
Comment by
dalesio_98 on Jan 27, 2021 6:15pm
Drive the price up to execute the financing and trickles down to $1.45 or less.
Comment by
2001MSKZG on Jan 27, 2021 6:23pm
Yes - execution speed and timing are big risks...maybe the Biden ban on mining helps a little... other wise, let's hope the permit news comes before hedge funds are taken down and ignite a full market meltdown ...though long term that won't matter too much.
Comment by
Burton on Jan 27, 2021 7:24pm
Fundamentals don't change. Momentum and timing may seem ineffective, but it can change in a blink. Don't get fooled by the GME and other short squeeze shockwave; this is a short-term event.