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Large share order blocks need to be placed up and over the ask, to move it. Otherwise they need to be broken down, so the number of positive trades takes effect and moves the MM's. That's why that 1 M share buy got filled completely on the ask.
Do I need to spell out the information on the rest of it? Maybe you think the part about DiTomasso seeming to have a drinking issue in the past? In trouble for a DUI and driving with a suspended license, in 1997. Yes, irresponsible, but doesn't mean he is a dirty lawyer.
Oh, then lets add in almost 20 year old, unrelated court proceedings for Talbot, if it is even the same Talbot. That part still needs to be verified, as well.
So:
Phone # - typo, so useless *edit - scratch that, he had the right phone number. I got through perfectly fine to them. Now he is just a dumbass.
Info on court proceedings - unrelated and very old, still have to verify if it is the same guy (I won't, because I don't feel the need, the information is almost 20 years old, and a lot can change in that time). Again, useless.
Saying that there are gangs in Boca Raton - completely unrelated, and just trying to throw some drama into it. Useless, yet again.
Time frame - 18 hours old. Denotes specific purpose in mind, not experience or credibility.
All in all - whoever made the twitter account had one drive in his mind, IMO. Attempt to spread yellow news and false info on NWGC for some reason. Nobody should be listening to him. That better?
Maybe, also, you like his very tenuous connections and efforts to tie the company, somehow to the Mafia? Hmmmm... It all doesn't seem very sound to me.
You mean, that he points out a typo in the PR for the phone number? Make the 516 a 561, and you can get a hold of the company.
I would even cut that down to around 7%, at most. Most are inundated with debt, and don't even have revenue, let alone net profits. This year, already, the SEC has shut down tons of scams and shells. This company is still open, still publishing information, and is expanding business at a very healthy growth rate. Profits, for now, are going right back into the company's expansion. I like it.
What does the first sentence say? That it appears that the account was only made to bash this company. Then those two statements. I apologize if you did not understand that that was not the only reason it appeared so. Next time I will explain everything up front, and spell it out for you.
I would say most penny stocks are garbage, but not all. Some actually are just startups, and end up doing well.
The first post wasn't meant to be a full explanation of my reasoning. Now you are hanging on trivial details, like him. Maybe you are him?
Did you actually read my response? Time frame is not the only factor.
No, not all of them are rare ones. That would not make them rare. Lol. A company with this much net profit on the books, and projected with increasing operations, and it hasn't been shut down by the SEC (lots of recent publications, had they been false or misleading, would be reason enough). I usually only buy and ride free shares on other stuff. With this one, I actually just kept adding. Maybe I will get screwed and lose a bunch of money, but I don't think so.
The motives behind the creation that is the most probable, given the time frame and lack of any other messages out, does make something invalid. It is obvious that the account was created for one reason. Bias such as this, does not count as accurate research, and the statements are very trivial, without much support.
You mean, that most are just BS and only good for a trade, and not to hold? Agreed, but this one looks like one of those rare ones. Hoping, anyhow. We shall see how it plays out.
That looks like a twitter account created just to bash NWGC. Did you read down? The earliest tweet is 18h old on the account. Nobody should be listening to him.
It is a frustrating mess, with the sell orders. Got word that the company isn't diluting, either. So this has to be front loaders or ignorant traders. The new mill announcement projects 16.6 M net after the new mill opens. It is crazy how undervalued this is. I believe this to be another reason people are hesitant. You know how if it seems "too good to be true" usually goes. Doesn't seem like it will go that way here, but I think it makes lots very nervous.
To move those 10k asks that refill - either place bids up and over ask, to cover full share bid, or multiple small block hits on the ask. Number of trades matters more to the algos than share count traded.
There we go - a glimpse into your actual thoughts. Calling for subs before, and now actually surprised we hit subs again. Lol. You crack me up. This thing has performed awfully for what should be its accurate valuation. Biggest risk - they are all lying and this company is another scam pink stock that will get suspended. I really doubt that one, though.
Lol. You just wanted a good entry. This one was a great one yesterday. Welcome to the party, and good luck to you, as well as everyone here.
Lol. He isn't any sort of gangsta. Talks too much for that. Looks like we have a gap up in order.
If the new mill means 2 M net more, per year, to process 60 tons daily. They also said that it should be at capacity as soon as it is complete, with new contracts. I would assume they are already at capacity with current milling operations. They also said the new mill brings them to 500 ton /day. So we have 440 ton capacity running, with an about $2 M net per 60 ton. This should mean current mill operations are bringing in $14.6 M net profit now, per year. This is just processing other ore, without the new mill. Add that in, and we have $16.6 M per year. That puts this company so severely undervalued, it's ludicrous.
Now that is a washout. Unless short numbers are 75%, that was a panic run. Now that that is out of the way, maybe we can try for movement in the opposite direction?
Wash traders, maybe?
There is no buying on the ask. Most seem to be content collecting shares off the bid, because there have been enough sellers until now. Without positive pressure, we will still sit at these levels.
Did you see how many shares got soaked up at .0084/5? Somebody is loading. Might be MM's finally closing all the naked shorts out. Two "cheerleaders" are on vacation. Not very active in general.
Somebody looks they are trying to keep a ceiling on this. Somebody also seems to be loading the fear pretty solidly.
Looks like sellers are dry. This has barely anything to over .011 on the L2's right now.
No walls anymore. Very thin again. Looks like a green light.
Now we have to push through the ETRF 700k...I should have waited to buy more until now. Damn.
Ask just thinned way out! Looks like whoever was stacking the ask finally bailed completely and the ask side looks much better! Good riddance, now let's see some positive pressure.
This is where we were right before hitting .0115.
Afternoon! How are you today?
The new mill adds $2 M a year net, with recent contracts, yes. How the new contracts effect the rest of the mills revenues they own, has me more curious. If this puts all other mills at capacity, as well, then that would be amazing. Does this really mean that by Q3 they will be clocking around $2.5 M net per quarter? We just kind of got a glimpse, so far, without a full statement. I do understand when CEO's feel no need to put out fluff like so many have, especially with revenue and profits like this. I was asked what I think it would take, and what people are probably waiting for. They are going to need some standard verification to boost confidence here, it looks like. I, personally, think it should be much much higher by now. Too many scams on the pinks today getting suspended is keeping a lot of suspicion in the OTC's these days. If an announcement of a higher proven reserve, or regular trading can't restore this to a reasonable price while it is still a pink with minimal reporting, we will know for sure.
Yeah, they are going to need to keep above .01. Auditing would probably keep this sustained plenty high enough to meet uplisting standards, I believe. It would also probably help if they put out what impact to revenue the new mill and added contracts are projected to have. I am pretty sure that is a rather significant difference to their current bottom line. However, at the same time, some CEO's aren't worried about trying to hype the stock up, because they have no need to sell. They could be fantastically busy in expanding operations, and are fine with just putting out their Q's and K's.
Any word on audited fins or getting off the pinks would probably put this right around .14. I think a lot of hesitancy comes in with the stock's performance and the fact it is a pink. The low price comparison to valuations raises questions on it's own. People don't know why, so sometimes they just don't take the risk. Less games on the L2 from the crazy naked shorting numbers would probably be helpful, too. When I see 58% naked short numbers, I get irritated. To me, it's volume that should not have occurred at lower levels, but the price should have risen to entice retail traders to sell their shares instead of MM's filling the orders lower and selling it down to cover. We definitely just need something to induce volume, though. Maybe the next catalyst will send it running finally.
Good to hear. You and silk together? Lol, answered within a minute of one another.
I think we may be seeing a float lock, actually. Still looks like a lot of hesitancy keeping it from trading at higher levels. Glad you made it here. That mess was ridiculous, before. I think he ended up with charges against him, in the end. I believe there was an internal sale price agreement that caused the bounce before the R/S. NWGC looks much better than that one ever did.
I missed that one. Thank you.
Chrion, Silk, and Cbux - you guys still in on this one full hold, or getting rid of your shares now?
Slow day here. Wow. No dilution and no shorts, though. Need some heavier volume. I think some front loaders have been the ones stalling runs here, by throwing 500k-1 M share blocks on the ask. Hmmm...
Looks like very few sellers. Good sign. Have to move price for liquidity, MM's. Has to go higher!
Good morning ladies and gents. How is everybody today? NwGC looks ready for another short attack / price drop out of the gate. Shouldn't be long in going green again. Have to see volume to know from there.