Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Heavy buying coming in EOD - Some large block buys at the ask.
Northern Dynasty Minerals (NAK) Stock: It Is Up To You To Stop The Bleeding!
https://cnafinance.com/northern-dynasty-minerals-nak-stock-it-is-up-to-you-to-stop-the-bleeding/15884
.
It was a rhetorical question. Conglomerate Partner? Hmmm...
NAK 1.46 x 1.47 moving up with big block trades as high as 20k and 30k at the ask going through.
Solid trading today sees NAK steadily moving up! News coming?
1.40 x 1.41 - Now we are going up nickels instead of pennies!
News of a partnership or partnerships would solve any naked shorting problem here, if there actually is a naked short problem.
I believe NAK would also need a Cuspid # change, along with a name change, to force naked shorts to cover.
When you own 50k shares of NAK, every silly penny the price goes up is 500 silly dollars in profit. If the price moves up from here two silly pennies a day for 20 days, it takes the price from $1.35 to $1.75. That would be a silly profit of $20,000. Nothing silly about that.
Barely missed 1.36 close, but broke through 1.35 with strong buying at 1.36 end of day. Good start going into the week.
NAK keeps testing 1.35 and touching 1.36 but can't break through yet. Some substantive positive NEWS this week might get NAK rolling again back up past 1.60.
Good for you! I hope you become a wealthy investor with your NAK holdings. I would like to see NAK build back up in price past the 1.50's again, or take off like a rocket if partnerships or pending partnership/acquisition negotiations are announced.
NAK 1.34 x 1.35 - That premarket trade was right on it. Good things happening behind the scenes. Waiting now for NAK News update.
Mining News: Prospects for change
NMA President Quinn encouraged by Trump’s resource development policies
Well, at least I got my over 1.25 close. Now we need buying to continue next week with some help from Gold prices.
Finally some buying coming in again. Like to see NAK close above 1.25 today.
Gold is really being taken down today along with silver. Waiting for News and eventual Gold price reversal to the upside.
Lower Gold prices continue to hurt all miners across the board, NAK included.
Picked up another 20k shares @ 1.22. Company is overdue for progress News as followup to June shareholder's meeting.
Wait and see. This firecracker could explode upward at any time.
Just had an after hours trade go off at 1.35. NEWS is what moves this beast. Trex Mining could be one of SEVERAL Partners. Once Financial Partnerships are announced --- Fireworks! Right now, Gold and Silver prices are hurting all of the Miners.
Gold down, Silver down and Miners were all down today. NAK is no exception as it is still considered a speculative mining stock, even though we all know it will run harder on the right NEWS than it will on Gold/Silver price going up.
NAK moving back up to the 1.30's again. Anyone pick up any during the bargain sale today?
Tell what to the CEO? He knows they need a partner and says he is working on getting one and that he has no doubt that they will. He can't put out News if there isn't any yet. The stock price should move back up now that the morning seller is gone.
Shorts are being given much too much credit here for the share price. This stock price is News driven and dependent on one thing now that permitting is ongoing. Either they get a financial partner or partners, or they don't. If they do, the stock price goes up substantially. Without any News from the company, the stock price will continue to lag, and move lower. We need to hear from the company.
FED Raises Rates 1/4 point?
Buying pressure building significantly today on L2 Nasdaq Bookviewer.
Good point about permitting. Get that partnership negotiation going, and then full speed ahead.
I expect we should be hearing a permitting progress update from the Company soon. Of course a Partnership announcement would be game changing.
He probably has something brewing, however it would be foolish to release the News over a four day holiday weekend when markets are closed and investors are vacationing. Markets reopen for regular trading next Wednesday, so I would not expect anything until after the holidays, although you never know for sure when it comes to Company News.
Not much happening on a Friday of what will basically be a four day holiday weekend. Gold prices have not been helping miners as well.
One positive thing for today with this low volume is that apparently the seller from the last couple of days who was constantly pounding the bid seems to be gone, and trading has leveled out again.
So everyone needs to just sit tight until next Wednesday when normal trading will begin again (markets close at 1:00 on Monday and closed Tuesday.).
Positive New update is overdue from the company.
Or, it could be days away, or even hours away. We don't know what is going on behind the scenes.
Hang in there, NEWS coming.
When a Financial Partnership is announced, there will be fireworks. Depending on the News, the price could spike back up into the $3.00 range again on that trading day alone.
Looks like whoever the seller or sellers are, they are very impatient and keep dumping at the bid, following it down. Once this seller clears out, the stock price should move back up.
Nice move back up today. Some positive NEWS this week could push NAK back up into the 1.80's again
Good move! Looks like everyone is onboard now. NAK 1.45 x 1.46