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The ticking time bombs that are going to bring it all down:
https://schiffgold.com/peters-podcast/peter-schiff-fed-fuels-ipo-folly/
The end is pretty well nigh.
...for the Everything Bubble at least, it would seem...
https://www.foxbusiness.com/money/when-the-robinhood-crowd-buys-for-the-long-haul
Look at what these media liars are recommending the "fractional share" crowd "invest" in: ETFs, like QQQ for example, which tracks the Nasdaq 100.
It just so happens I'm long SQQQ, the 3x inverse ETF of QQQ, because I'm expecting a major crash here soon, centering around the sham tech industry. Nasdaq and especially Nasdaq 100 is chock full of junk companies and penny stock scams writ large.
So given that these people lie about everything, with the intent to deceive people into taking the wrong position and losing their asses, I take this article as the closest thing to direct evidence that I've taken the right position. Just one of many other examples.
Then there's this one sticked on ZH. Which is a "controlled opposition" site BTW, for those who haven't noticed:
https://www.zerohedge.com/markets/here-little-known-cares-act-provision-could-trigger-year-end-selling-deluge
Yeah, that is a very valid concern. If the market starts dropping and people panic, all the people withdrawing 100k+ from their retirement funds with no worry of penalty (and much fear of losing it in the crash) will cause everything to fall that much faster and harder. Almost like it was planned that way.
There are many more examples; these are just two obvious ones I see today. I've been watching more and more of these type articles appear, increasing in frequency and urgency, ever since about Sept 2019 when the repurchase agreement (repo) market had a mini panic with Fed intervention--which was in reality the beginning of the crash.
Plan for major market moves in a downward direction very soon, within weeks, including mining stocks and NAK.
.20 next week???
> This looks like there is actually a chance that Trump will win the election.
Haven't I been trying to tell y'all this?
The key thing to understand is that it's ALL FAKE. A made-for-TV drama. Written by the same Hollywood writers who write the script for every WWE plot, every Michael Bay movie. Lots of action and explosions to keep the dumbass peasantry entertained, eyes wide open and glued to the TV set.
The outcome was predetermined decades ago in a smoke filled room.
And now it appears we are entering the next stage of the act: tech bubble collapse.
Another day, and little to no mention of the 17 state lawsuit in certain media outlets. But the judge gave a deadline of 3 PM today for a response, and he will likely issue some kind of order tomorrow, staying the selection of electors until this court case is determined. And that's the sort of thing that simply can't be kept quiet for long, because next Tuesday the electors are supposed to be voting, aren't they? So it's only a matter of a few days until this story breaks among the mainstream and all hell breaks loose.
Meanwhile, over in the tech sector, the hype IPO DoorDash is almost universally scorned, even among the demographic most likely to be bagholders (i.e. Reddit/Robinhood/YOLO crowd.) They are unanimous in foaming at the mouth ready to go short this stock when options are available next Wednesday or Thursday.
And the contagion will most certainly spread. AirBNB is another shitty hype IPO, among others.
Get your popcorn buttered up...
Yesterday I did some reading over on the Reddit forums, /stocks, /wallstreetbets, etc, just out of morbid curiosity. Some real bagholders over there piling into this market. No clue what's coming. One poster asked if this is a bubble and will it pop soon, comparing to 1929, etc. Many stupid kids were responding in exasperation saying that's ridiculous, and saying such posts should be auto-locked since there's been so many of them since March. LOL
It was really crazy to see what all they were saying in there. Going long on certain stocks that I just know will crash and ruin them, full of happiness and greed. Reminds me of everything that's been written about the extreme "irrational exuberance" before previous market crashes. Just crazy to actually see it in real life.
Anyone involved in this lawsuit is a moron. Great way to lose one's money while enriching some scumbag lawyers.
> As the China Threat becomes more obvious
Stop drinking the Kool-Aide. All of that is propaganda. The biggest threat you face is inside your own country, and inside the confines of your own head. There is definitely going to be a war, but "China" has nothing to do with it. The psychos who OWN YOU, MIND BODY AND SOUL, are the ones you should be worrying about.
I've been predicting this coming World War for over 10 years now. "China" has nothing to do with it.
Major bombs going off in the tech sector over the next week. I do believe at least three IPOs (DASH, ABNB, AI, etc) are going tits up, right at the same time bad news is hitting everywhere else; FB getting investigated, SpaceX rocket blows up, etc.
Not to mention the major, major story of 17 states suing four 'battleground' states in the Supreme Court, which is being almost entirely ignored by the mainstream media! And what's that going to do to stocks when it fully 'hits' and is realized by the masses?
Then there's various earnings reports this Friday, which are quite likely to be shit. Much bad news hitting all at once.
If the final crash isn't here and now, it's at least going to be a sharp and disorderly pullback which will hit all sectors, including mining/NAK, most likely.
If some people flood into gold in their panic, they probably won't be piling into NAK, since the general sentiment is it's hosed......right? So if NAK moves, it will probably be down rather than up.
I wouldn't get too excited over the recent bump. Major bombs going off in the tech sector over the next week. I do believe at least three IPOs (DASH, ABNB, AI, etc) are going tits up, right at the same time bad news is hitting everywhere else; FB getting investigated, SpaceX rocket blows up, etc.
Not to mention the major, major story of 17 states suing four 'battleground' states in the Supreme Court, which is being almost entirely ignored by the mainstream media! And what's that going to do to stocks when it fully 'hits' and is realized by the masses?
Then there's earnings reports this Friday, which are quite likely to be shit. Much bad news hitting all at once.
If the final crash isn't here and now, it's going to at least be a sharp and disorderly pullback which will hit all sectors, including mining/copper/NEVDF, I think.
How should I know? I didn't write the script.
Haha, nice, more "bad news" for NAK, and good news for all of us!
.20 next week??? Bring on the TEENS, baby! :D :D :D
IF THERE IS GOING TO BE A CRASH in the market this month..........looks like it will be early next week. All signs seem to be pointing in that direction. Lots of red ink probably coming out at the end of this week. I'm expecting one last rally in tech stocks before The Event.
Try plotting NDX on a 10 year chart. Then look at the market indexes in 1929 also.
The stock doesn't owe you any money. The point of the stock market isn't to make you personally rich, nor is it the point of this stock. NEVDF represents a company whose actual business is mining. Buying and selling ownership of a company that owns a mine is what this stock and the market itself is all about. Anything else is ancillary to that purpose.
When circumstances showed that the mining had to be done in a different way, simply due to the laws of physics, that wasn't necessarily something they could have predicted in advance. They needed more money to deal with the costs involved. And they needed it at a time when the market happens to be in a vast sea of turmoil and confusion, with mania and euphoria in other areas of the market and lots of doubt and foreboding elsewhere. Maybe they also miscalculated and sold too much stock, when they were also confused by the sea of propaganda everyone else is swimming in. These type of things happen and are to be expected.
Over at NAK they've been floating along around a dollar a share up until the past week, when their permit was denied and they took a nose dive down to .34 now. No end of bitching and whining on the NAK forum. You can tell it the tone of how they write; they're angry, upset......emotionally affected little girls. It's pathetic.
I'm currently long SQQQ. I watch it sink every day, and keep buying more anyway--because I think a crash is coming soon. I could very well be wrong and end up losing a significant percentage if no crash comes soon. That's on me. Every day people are making money at my expense. That's the risk I take, and it doesn't bother me at all.
Likewise, the risks you take are the risks you take, and you aren't guaranteed shit. So stop complaining about the performance of this stock, please. If it dives back down to 5 cents tomorrow due to some news release I don't want to hear a damn thing about it. If you're such an experienced investor then make your plays accordingly and take when comes.
It's spelled "too."
The point should have been quite clear, considering your very next post echoed the same sentiment.
I started watching this stock mid-summer, and for several months looked back in envy at the cheap price it had been available for in the months prior to the big runup. Only in my wildest dreams could I have ever hoped for this stock to drop back down to that level, so I could secure a position on the cheap also.
Well, God sent a miracle and my prayers were answered. I feel lucky, while others are cursing. Amazing how people can have wildly different perceptions of the same event.
Funny to hear "Scott was right all along." No, David Blanchard is the one who has been right all along. Mr. Blanchard warned you, several times, that the bottom was likely not in yet, and to expect a big drop after the right (wrong) news announcement.
If your timing is wrong, and you buy in early and hold on to a falling stock, that's on you, not the stock.
Some of you seem to have an investment strategy that is somewhat akin to the "Underpants Gnome" get rich quick strategy:
1) Steal underpants
2) ???
3) Profit!
It's like you expect to buy in at the absolute bottom, then for it to rocket up to the moon within a week, then sell at the absolute top and walk away rich and happy. If it instead turns out to be a long ride with ups and downs, then you complain about what a terrible stock it is.
Maybe if you spent less time complaining and more time learning how the world actually works, you would have a more realistic strategy.
You think I'm at all bothered about that 12 points loss I took a while back selling at 89 cents? Some guy made a point to thank me for that stock. Wonder how thankful he still feels. I made all of that back and then some, just by waiting patiently. And if NAK falls to 5 cents you won't be able to wipe the smile off my face. That's because I'm always thinking about tomorrow.
What "new EPA leadership"? The same crew that's been there for the past four years will be there another eight. Nothing has changed.
The real idiots are the ones who watch pro wrestling believing that it's real.
All of this drama is an act. There is nothing real about any of this. It's all "bread and circuses" to keep the serfs distracted, and panicking.
Guys, I really hate to see you two ripping into each other so much. Can we call a truce?
All of these mining plays are insider plays, and they are all manipulated. There seems to be plenty of algo work going on in this chart for sure. It's no use to say this or that should have happened. It's all under control and will develop at its own pace.
I still think there is another dip coming, but we'll see how it goes.
World War. That's all one needs to know.
Surely you don't actually believe 13 cents CAD is worth more than 10 cents USD.
If there were really a difference in actual price between the two symbols, don't you think arbitrage would bring it in line pretty quickly? The market isn't known for allowing such a serious discrepancy to escape unnoticed and unexploited.
How much extra does it cost to do the exchange rate conversion when you buy or sell Canadian stocks priced in Canadian dollars? And will the same exchange rate hold when it's time to cash in? The Canadian dollar could have fell or risen since then. So basically you're not only buying a stock, but playing the FOREX market at the same time.
It's amazing how quickly people are ready to throw in the towel due to one bad news release. Then they get in here copying and pasting all these wild theories they've read elsewhere. Selling the mine to China? lol. No. You're about a thousand miles away from understanding any of this.
If you people truly understood anything, you wouldn't be in here fretting and worrying over every price movement. Cheering when it climbs, crying when it falls. It's pathetic. If you knew anything, you would KNOW where it's going to go in the LONG TERM, which is what actually matters.
10 cents next week? 20 cents next week? Who CARES what happens NEXT WEEK? I hope it does fall next week, so I can buy some more.
Stop spamming the board with nonsense, please.
I've got my eye on this one, but am leery of buying in just yet. I see more and more signs pointing to a possible market crash in the next two weeks, which could take everything down with it. That having been said this chart has been looking better over the past couple weeks. I think it's a solid play, just looking for the right buyin point. I may have already missed it at 4.5 cents, but we'll see.
Your implication is what?
As I said before, I'm looking to spend the profit I make from this mine on a worthy cause, that I think will at least somewhat offset the damage done. I'm NOT one of the millions of fools who delude themselves into thinking black is white or white is black, just because it benefits them financially to do so.
The fact is, this mine WILL cause environmental devastation in the area, and there is no getting around that, or re-imagining oneself into a fantasy universe where it doesn't happen. Reality is reality.
Oh, those crazy environmentalists, trying to get between you and that loot! Oops, I mean all that financial benefit you are very concerned that the poor, stupid native peoples might not get to enjoy. It's all about them, you see, not you and your greed. What a bunch of terrible people, those selfish environmentalists and Natives are, always standing between man and Progress.
I'm sure whomever it may concern will take your words under serious advisement, and think carefully before deciding their next action.
I bet a large percentage of the stock is in the hands of buy and hold insiders who got in early at like 5 cents x millions of shares, and aren't playing the ups and downs, just holding.
That one guy keeps calling for 10 cents. Let's hope his prayers are answered!
Dear God, let's hope so!
Sure they can, and they just might. There's too much drama in between now and then. The election fraud thing still hasn't even got to the Supreme Court yet. If we don't see another story out of NAK within a week or so, (a positive one, sending the stock higher,) then it'll probably be another month or two of bouncing off the lows.
Don't be too concerned about the "technical indications", bro. The politics is all that matters here. It's all a show. Every one of these news announcements is carefully crafted to manipulate people's minds.
Even if you personally believe it's the end of the line for NAK, the price will climb from its current location and you can swing trade off it. I planted my flag at 0.36.
A word of advice to my friends here:
GET IN NAK NOW!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
You can thank me later... :D
This is the news I've been waiting for, and it's even better than I'd dared hope. I figured it would be "the blue team" making such an announcement, and if that had been the case, it wouldn't have dipped nearly as low. But now, this stock could stay bottomed out for weeks!
BEEP BEEP BEEP....
You hear that sound? That's me BACKING UP THE TRUCK.
BOTTOM IS IN.
I'm waiting for another bottom before buying. Looks like this slide could continue most of the week.
It's not plummeting anymore. That's what I'm noticing. There is some actual support building.
The chart shows a rising action. But beware. All it will take is one tweet to send it in either direction. Could be positive news next, or negative, I don't know, just beware. Tech is getting crushed yet again today, and I do believe we may be on the brink of that big tech bubble crash I've been waiting on for the past 10 years. Lots of circumstances seem to be pointing toward a crash.
I like this chart over the past few days. Looks like we've hit bottom. They may still be doing the share consolidation though, and this might be a part of that; leave the stock ending on a high note (during very turbulent times) so that there's a positive reaction after consolidation when a lot of people will look at this stock for the first time.
Still laughing? Don't get so excited over the big ups or downs, especially when everything is clearly under algorithmic control on this stock today. Lots of volatility still to come. We haven't hit bottom yet.
The market expects major volatility, soon. Plot SQQQ against VIX and look at the divergence today.
The market expects major volatility, soon. Plot SQQQ against VIX and look at the divergence today.
When I was a teenager, one time I heard my mom complain that she never could watch movies with my dad, because within the first 10-15 minutes he already had the whole plot figured out. Who was the bad guy, who killed who, where the diamonds were hidden, etc. He would just sit there and quietly watch and observe all the subtle hints and clues, and figure it out pretty quickly.
You can see all the same patterns in the Hollywood movies--and in the political events, which are scripted by the same people. One guy on another forum said it best: "Politics is show business for ugly people."
I had a big laugh reading the headlines yesterday. All of it calculated to cause the maximum fear and anger among Trump supporters. First he announces he's undoing all of Trump's doings. Then he's going to make us all wear face masks first thing. And the cabinet is announced, all of them hand picked to be as scary and repugnant to mainstream America as possible. Like putting the gay guy in charge of Veteran's Affairs, LOL. It's so OBVIOUS to see what's going on, when you realize it's all scripted!