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World War is coming. From that standpoint, it almost doesn't matter where you buy into any of these type of stocks. They're all going to the moon.
I do believe they are setting up for a major tech crash though. Look at the charts for any of these big name tech companies for the past year, and notice how they all went stratospheric since March. There is no logical, reasonable, rational, fundamental-based explanation for that. And as a computer programmer, I've seen for the past decade plus that tech is in a, quote, "big fat, ugly bubble" (Donald Trump.) It looks like they are setting up for a crash, and soon; some time within the next month, perhaps.
When it does crash, volatility will go crazy and everything will be dragged down in the fall, regardless of underlying merit, just due to sheer panic. So it will be a buying opportunity for NEVDF and more.
See the fuzziness of the line? The almost exactly 1 cent ups and downs? Algo's got a firm grip on this chart today.
Trump wins in the end; that's how the script was written. They are all on the same team, working toward the same goal.
Biden is playing his role perfectly. He's ready to retire to his beach house when the show is over with, just like Cankles, Bernie, etc. They're all actors, reading from a script.
Notice how they first set up people to believe Biden has won it, which I assume will continue all weekend into Monday. Trump stocks will be dumped and people will go long on Biden bets in the market.
Then, all of a sudden Trump will make some headway with his lawsuits about mid-week, causing Biden to be stripped of some of his wins one state at a time, steadily dragging him back below the threshold. That will cause chaos in the market, I think. All the Biden bets will go south as people dump them and flood into Trump plays. Fear and uncertainty will increase. Lots of volatility.
Needless to say, there's going to be a big slide on Monday.
I won't say that you should back up the truck just yet, but definitely crank it up and get the motor warmed up. It's possible the bottom will be in Monday or Tuesday.
Biden hasn't actually "won" anything, but if the headline is the same going into Monday, the market will react accordingly. I don't know if there will be a buyoff or selloff in mining, but probably at least some of both. Expect some movement, one way or another, on Monday.
Looks like some strength today, which is good to see, but I would be very cautious on Monday. There may be a general market slide next week, depending on election news.
*rubs hands greedily*
There's no way of telling. And that way of thinking can get a person into a real fine mess in the market. The market can stay insane longer than you can stay solvent. Plus you never know what kind of tricks the insiders may be up to.
Don't rationalize yourself into losing money. Try to dig in and find out the actual reason(s) something happened the way it did, then watch and see if your theory has any predictive value on future events. Observe, modify, refine.
These scriptwriters are talented, are they not?
The rally today, as far as I can tell, was based on the general rally for mining. Most other mining stocks were in the green also. I certainly wouldn't start loading up the truck just yet.
Seems to me to be doing its job perfectly. Sucking money out of the pockets of perma-bulls, while getting the insiders positioned for a major buy-in on the cheap.
The only stocks rallying right now are the hype stocks, like tech. 'Invest' in those if you dare.
Definitely looks like a descending pattern. The press release yesterday slowed the fall somewhat, but looks like it's still on a downward course for tomorrow.
I'm trying to understand where you're coming from here.
You have only $500 into this. You're not worried. You foresaw all of this coming, which is why you bought at 1.20 or whatever; to reserve your place in line, I guess.
Every time the price makes a negative move, you are telling us that you are extremely bored, how lame this stock is, etc.
I don't get it. How is the stock lame? It's a bargain basement price for what is nearest to a sure thing that I've ever seen, and it keeps getting cheaper. Failing to see the actual problem here.
What is it that you expect out of this stock, exactly?
As for NEVDF, it's in the same situation that all of these big plays are in. Except in that case, they have an actual operational mine which is already in production. I haven't bought into that one yet, either.
The end of day plateau is an artificial construct. Algorithmically generated. See the fuzziness of it? Notice the nice little bump at the end? It's a subtle hint, placed there to make the naive believe the price is stabilized and a rise is expected tomorrow. Don't bet on it.
There may be an initial rise, but I expect the fall to continue by end of day.
Doubtful, although I'd love to see it. At this point it looks like .60-.65 is within range by the end of the week, but there very well could be another surge between now and then. It depends on current events in the "dog and pony" show.
Notice the long deadlines several of the remaining states have to finalize their results. Up to nine days, in one instance. This is why betting on things being decided by last night or today was foolish. It seems people are right now thinking the results later tonight will show enough votes one way or another to declare a winner. I'm betting no such thing will happen, and that there will be further challenges and delays. It will probably continue to be a neck and neck race into the weekend. Some of the "final count" states will also likely flip, before it's over with. Get your popcorn buttered up. If you don't feel comfortable swing trading, just hang in there until the true bottom is in.
Agreed. This is exactly what I'm referring to, on all the "flak" that will be thrown out there to stir up fear and confusion. Lots of market volatility to come. Bottom's not in yet.
LOOK OUT BELOW!!!!!!!!!!! Haha...
How many of you just got smoked?
Don't worry, it'll be right back up again in no time. Then it'll crash again. Then it'll be back again.
It does seem the descent has slowed somewhat towards .05. I think Friday is probably the next likely/possible announcement day. Either that or the following Monday. Actually, come to think of it, didn't they have some kind of deadline around 3rd or 4th for something they were doing? Starting production or something?
I foresee nothing but chaos in America for the next few days at bare minimum, and probably in the markets also. I think tomorrow is going to be a pretty turbulent day, with all stocks getting hit. Nothing in the NEVDF chart foreshadows a rise tomorrow IMO, but again, for your sake I hope I'm wrong. I would wait for a definite clear sign of upward movement, or strong bottom resistance, before doing anything with this.
It definitely won't be decided on election day, or for weeks afterward. It will be a knock down dragout worse than Bush v. Gore 2000. Trump wins in the end, of course, and the voters had nothing to do with it; he's the swamp's hand puppet.
I think what we've seen this week is only the beginning. I see a market slide on Monday, likely continuing for much of the week. I'm confident enough in this prediction to have put most of my available roll into 3x leveraged inverse ETFs. Fuse lit and (bandaged) fingers crossed. If you don't see me posting here for a while, it's probably because I got my face blown off.
It's appears there is strong psychology working in the market to make people believe the slide is over with, with the 3:00 ramp in so many different stocks being a key example, along with a corresponding dip in these inverse ETFs, which would lead a naive person to conclude it's over with. I think the party's just getting started.
Can't wait til we finally sound out the bottom on NAK...
I think what we've seen this week is only the beginning. I see a market slide on Monday, likely continuing for most of the week. I'm confident enough in that prediction that I've put most of my available roll into 3x leveraged inverse ETFs.
It's appears there is strong psychology working in the market to make people believe the slide is over with, with the 3:00 ramp in so many different stocks being a key example, along with a corresponding dip in these inverse ETFs, which would lead a naive person to conclude it's over with. I think the party's just getting started.
I don't see anything going to the moon on Monday, not even NEVDF if there is a share consolidation. But I'd like to be proven wrong.
Who's in VXX? I'm expecting major volatility next week.
I was reading a comment from someone who said that on the stocks he follows, the 3:00 ramp at end of day was big and obvious. I see that on my stocks also, and on NEVDF. I interpret this to mean that the decline will continue on Monday.
You are a Kool-Aide drinker. The markets have always been and will always be full of marks like you.
All the time you are in here cheerleading this stock, expecting it to go to the moon any minute. Meanwhile you are steadily losing money.
I bought at .0805 and sold at, what was it, .075? Do you think I regret that for a minute, with the stock now sitting at .05 and steady dropping in a bear market? Not on your life.
It doesn't matter what the web site says; it could all be lies for all we know. Wouldn't be the first time a penny stock operator ripped off thousands of starry eyed investors who were too much in love with their fairy tale story.
Personally, I'm thinking the floor has not yet been reached. The chart still looks to be a descending pattern, with frequent head fakes to fool Kool-Aide drinkers into thinking the bottom is in. But what do I know?
My money will just have to sit on the sidelines for now.
And how much money are you betting on no war?
Man, I'll tell ya, this is my first month of trading and already I'm loving it, even being in the red. I've spent years and years and years trying to teach people who did not want to learn anything. It was basically me endlessly beating my head against a brick wall. Just pain and suffering, and little joy.
Now I get to be right, prove that I'm right over a short period of time, make money off the process, and watch the people who tell me I'm wrong, an idiot, etc get creamed in real time.
At this rate I could lose every dollar in the market and still enjoy every minute of it.
Key word: at this point there may not be an economic deposit, but during a World War, those calculations will change considerably.
Another 100k? Today? Dear God....
If there is any chance of a big announcement before about a week from now, tomorrow (Friday) would probably be the day for it. Next Monday-Thursday would be unlikely due to too much competition from election nois...er, news. Next Friday is probably off the table also, due to election uncertainty.
If such an announcement were to be made, (and I have no idea one way or another), I guess it would be something positive concerning the mitigation paperwork, and it should result in a spike. If no such announcement is made, I'm guessing the stock will continue its slide tomorrow.
Should it happen to play out that way, then for the folks who bought the dip yesterday, there's your exit point all wrapped up in a pretty bow. Watch the ramp and when it falters, sell your piece and walk away smiling.
I would not recommend buying into any ramp tomorrow, because you will likely go underwater with no exit point available next week, or possibly for weeks.
I must stress again that I have NO IDEA if there will or will not be any such announcement. Just pointing out the possibilities. I'm not going to watch the market in the morning as I have no NAK left to sell, so there's no gain possible for me tomorrow. Just giving a heads up for those who might be in a position to benefit.
Interesting how on the NAK chart, you could pretty much lay a straightedge across the top from Oct 27-29. On the 28th it dropped then rebounded to pretty much exactly where it would have been if the decline had continued at a steady rate. Weird, right?
Looks like an engineered selloff on the 28th, with a lot of shares trading hands from one group to the other during this dip. Not necessarily sure the latter group got the best deal. Who was that thanking me for my shares earlier?
The spike at the end of day looks like a head fake. I think the decline will probably continue tomorrow.
My original plan was to do absolutely no trading at all until this week or later, because I already knew what was coming. Being in the market at all right now is me making the #1 mistake of not following my original plan. Then I got distracted and lost track of time, and didn't remember until Friday, oh yeah, Monday starts the week before the election, isn't there supposed to be some major serious volatility that is imminent? So shouldn't I take my gains now and be ready? But I listened to the oh so wise and experienced smart ass, who made me second guess myself.
Listening to the guy who told me to hold tight at .98 would have been a third mistake, but I dodged that bullet, or so I thought; the bottom fell out the next morning and my trade did not execute. And listening to your cautious approach now would have been another mistake, could I at this point allow it to happen--with all respect to you, sir.
I don't begrudge a 12% loss and don't think of it at all. That's a cheap price to pay for a valuable lesson learned.
You are starting with what, a $50k bankroll? Must be nice. I have $500 in this and other ventures. I don't have the luxury of just sitting back and waiting for a rise. There is only one shot at this. I have to gain the maximum advantage from these many years of study and research. And I'm always learning, 24/7. Would you pay $40 for the lesson I just learned? I did, and I consider it a bargain price.
Don't thank me, thank the guy I listened to when I should have sold on Monday. I'm not too concerned about the loss. If can buy back in below about 72 cents, I regain everything, including the 5 point gain I should have taken on Monday. If not, then I consider it an education tax and am glad to pay it.
I took a leap of faith and liquidated my position today at 89 cents, for a 12 point loss. I'm banking on a continued decline, although I don't know what it's going to do today or tomorrow. I'm waiting on the election news next week.
I think that was his point. Why drop $500 into any company, or $5, if you don't believe in it?
Hang tight, nowwhat, you'll be very happy at the end of all this.
Thanks for the breakdown. Hopefully I won't mistime this. I have every reason to believe the decline will continue through Friday, at least. I wouldn't bank on any announcement Monday or Tuesday, or likely most of next week I'd guess, due to the risk of being overshadowed by election news.
Just got my internet back up, after being out for three days for line maintenance. And what a three days to be away...
Based on what I've seen, all of these 'insider' stock plays are somewhat synchronized in their movements, and they are real big on the head fakes and trick moves right now. Be cautious...
Do you think there will be a rise after the consolidation?
It appears to me that this slide could last through the weekend and on into next week. We're certainly nowhere near bottom. I'm going to go ahead and cut my position short at .985 if there any takers tomorrow morning, and look for a cheaper entry point, possibly on Friday. Lots of uncertainty ahead.