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.
Yeah, if anything, that only makes me more suspicious of a continued fall tomorrow.
Yeah, you're right. I ended up cancelling that sell order. I think the chances are we will see 1.01 again sooner than .90, although I'm not too sure about it.
It certainly looks like it. I'm going to play it safe and wait until tomorrow before making a move. Thanks for the heads up.
Edit: Studying the chart, I'm not convinced the bottom is in yet. Tomorrow will tell. Lots of turbulence in the general market.
The chart tells it all, if only we can read it properly. Look at the game they played on us. Gave us a couple nice, slow peaks with gentle movements up and down, nice steady rhythm, looking like it was ready for another slow climb on Monday. That little spike at the end of the day Friday was the tell.
The descent on Monday was continuously managed via algo, except for a two hour stretch at end of day yesterday where there was minimal intervention, I believe as a way to gauge the true state of the market, and its readiness for a plunge. Then this morning the big selloff hit, first thing, no chance for any of us to bail.
And they timed all this to perfectly coincide with the week before the election. I have seen evidence that other charts were similarly timed.
Looks like you were early, friend. I think it's still too early. It does appear we have at least another day of descent left in this movement.
On Friday, I saw signs that the market might dip on Monday. It was nothing more than a hunch, although I had already foreseen a long time back that we could see such turbulence this week. I came on here to share my hunch. One guy replied with a smart ass remark. "Lmao. Oh man. Thanks." I could feel the eyeroll across the internet.
So I started doubting myself. Looked at the chart again and thought, you know, maybe he's right. It really does look a lot like normal day to day trading for this stock, seeming though it's getting poised for another nice, gentle climb. Maybe I'm fooling myself.
I had a sell order pulled up, one click away from putting my 1.01 buy-in back on the market at a very conservative 1.06. It turns out I could have got 1.08 for it that day, had I executed that order. But instead I listened to that seed of doubt he had planted, and cancelled it.
Put in another sell at a very conservative 1.02 limit this morning, and guess what, no takers. Bottom fell out. Algo says the new roof is about .98 right now. I'll take it. Lesson learned. I deserved it.
Yes, but you also have to take into account political and economic factors. To me it looks like they stalled it out for 6 years via EPA red tape just to get the whole thing better positioned to roll out at this time, during this election and afterward.
Now Remember Trump's tweet about the project getting a Fair and Balanced(TM) hearing? In order to give all this the appearance of being even-handed, there will be a lot of back and forth, making it look like they took a long time debating and analyzing before finally giving the go-ahead.
Actually, they may stretch it out all next year and the year after that, if that's what the timing requires.
I think there will be a further drop tomorrow. It appears to be a descending pattern. Not sure how low it will go, or when it will reverse. Decline seems to be caused by general market conditions. Actually, it was surprising on Friday to see that NAK was doing nicely while there was a fair amount of red in the overall category.
The chart looks very interesting to me, from 1:30 PM to 3:45. Looks like whatever algo is steadily milking the chart cut out for a while. The line stopped looking so fuzzy and now looks almost like a real stock chart. Immediately there was what appears to be a managed plunge, with a step down to .9940 ish, a more or less organic slide, followed by a step back up to .9930 ish, then a ramp to .999 off and on, with a small dip at the end, followed by resumption of heavy algo activity in the last 15 minutes.
My take: dip planned tomorrow. Let's see how it plays out...
Seeing more heavy algo work today. Looks like they are sinking the ship, one step at a time. Thanks to the fellow who mentioned his idea about share consolidation. Because of your warning I only took a small loss. Looking forward to seeing how this one plays out, and jumping back in later.
If you study this chart, there is heavy, heavy algo manipulation going on throughout. Look at how all the peaks up and down have been sheared off, from a sharp peak into a mesa. Very obvious they are skimming this thing the whole way down, and not trying hard to hide it either.
The buy and hold crowd are in the right frame of mind. I'm taking a little extra risk in playing the swings also. The price did dip today as I thought it might. Unfortunately, my internet is out for the next three days and I missed the buy at .98. Damn it...
I am leery about next week, in terms of what may happen; not necessarily in terms of this stock, but in general. I just know we are in for a period of severe market turbulence that could very well begin before the election.
There is a crash coming some time soon, I believe, but when?
My prediction was that there could be a high likelihood of a late October crash. At this moment, I'm not seeing anything definitely imminent, though there are warning signs continuing to build:
* continued ongoing 800,000+ new unemployment claims each and every week (down from 1,000,000+ per week for over 22 weeks straight)
* ongoing mass bankruptcies and store closures
* small businesses devastated across the land
* entire industries deeply underwater, or destroyed overnight; entertainment, airlines, tourism, business meetings
* sudden work from home shift means countless commercial real estate developers out of the game permanently, while being deeply underwater
* mass migrations of people out of cities, with accompanying soaring real estate prices in some areas and devastation in others
* CDC orders halt to evictions nationwide, thereby in a stroke of a pen abrogating contract law across all 50 states
* long lines of homeless and impoverished waiting in line at increasingly short-supplied food banks, often in brand new cars with cell phone and new hairdo
* general increase in alcohol consumption nationwide
* increase in crimes, murders, robberies, etc nationwide
* increase in gambling in all the usual ways and with apps like Robinhood, (name meaning "Robbing the 'Hood") with every shoe shine boy and construction worker trying to get rich quick off Reddit stock tips, trading in vaporware "tech" companies and SPAC bullshit, options trading on margin(!)
* soaring stock market, because all of the above is bullish!
I guess I don't need to go on, since you're already planning to check out of the casino for the moment....just saying, this week could possibly be a turbulent ride, so I hope you are able to exit your positions with no problem.
Of course, my timing could be off and maybe nothing special happens this week at all. I just wonder, how long can people keep pretending anything is at all normal?
I want to caution everyone. On another gold/copper stock I'm following, NEVDF, I see clear evidence of heavy algorithmic manipulation, particularly on Friday with a sharp plunge being suddenly arrested and flatlining for the rest of the trading day, with a slight dip at the end--almost like an enticement to buy. I have a feeling the bottom is going to drop out from under that one on Monday, but we'll see.
Likewise on NAK, I don't trust that little spike at the end of the day. Maybe it's nothing, but there could be an overall dip in the market or in this stock on Monday, or a quick spike followed by a dip. Just a hunch. It's always good to tread carefully, buying on Monday something that looks very promising on Friday.
I'm long on this company and its Rosia Montana project. I think it's going to go forward, within the next 2-3 years.
Been studying the NAK chart closely, and it's very interesting to see how heavily they are milking this chart with the algorithms. The stock is always moving up one cent, down a cent. Up a cent, down a cent. Every time it moves, somebody's algorithm is raking in a point, while somebody somewhere loses a point. Makes me think I need to get in on that action.
Studying yesterday's chart, it definitely looks like the Plunge Protection Team triggered with algorithmic buying starting about 11:33 AM at 0.060, during a sharp plunge.
They ramped the price back up to 0.065, where it was clamped until trading ended, with the occasional dip or peak to give the superficial appearance of normal market movement.
Note the large amount of buying in the dead section while the price stays dead on 0.065 the whole time. People were buying in at the same time the algo was selling, keeping the price dead level--except for a small dip allowed to 0.064 at the end, which plays further into the psychology of it.
It looks as though the stock was beginning another leg of the downslide before it was arrested. If that's true, then a lot of people could be fooled into going long, only for the bottom to drop out from under them on Monday.
Be careful, everyone!
It's like Andrew Carnegie said: "Put all your eggs in one basket, then watch that basket." He knew.
I understand if you don't believe it, but I say again for the benefit of those who are listening, that any hedge against a Biden win is money flushed down the toilet. It's completely unnecessary.
This is a primary way traders lose money. You try to hedge against all possibilities, but generally only one possibility comes true, at most. Everything else is wasted. The way to success is to first know the future, then bet on it.
You want to make money off this election? The formula is real simple. Invest in things that Hair Hitler would approve of and that the Dims are outspoken against, and oppose anything that the Golden Asshat hates and the Dims have come out in support of.
I'm not investing in NAK because I'm looking forward to seeing the environmental destruction which will surely result, and I'm not investing in GBRRF because I enjoy the prospect of two or three villages being relocated, ancient artifacts being destroyed, and the environment being polluted. I'm investing in these because I know they are going to happen regardless, with absolutely no possibility to stop it.
There are plenty of idiots 'playing' these stocks who are less certain of the final outcome, jumping in and out at the wrong times and losing their money. I'm going to take their money and put it to a better use, rather than allow it to be stolen by some insider who will use it for evil. And I want to help as many people as possible to do the same.
Call it Realpolitik, or whatever you want to call it.
All I have spoken here is the truth, the facts of reality, but imagine my total surprise at already being under attack on day 1 simply for opening my mouth and speaking. Never experienced that before.
Every day is the same for me, any time I come out of my cave and interact with the general public for a time: If I'm not being told that I'm a total idiot, that I have no idea what I'm talking about, that I'm crazy, etc, someone else is telling me I'm a tool of Lucifer and trying to demoralize people. Really.
Every day of my life, it's the same. What in the world would you know about being demoralized?
About once every 10 years or so, somebody reads or hears my public comments, pulls me aside and says something like, "It's people like you who give me hope for the future of this country." I guess there are crazies everywhere.
In the long run, absolutely. Lots of suffering involved in getting from here to there, though.
I'll stop commenting on this subject for now so as not to flood the forum. Hope everyone enjoyed the little bump today. Hopefully next week will be nice to us as well..
Don't worry, they will concoct some scare before election day to worry the hell out of everyone and have people riding the edge of their seats wondering how it will turn out. And they are doing the exact same to the Democrats also as we speak, convincing them Biden has it locked down, with the occasional "but Trump might cheat and win" worry though, just to keep them confused, to keep both groups at each other's throat, and to set the stage for the big post-election fight.
Exact same plays being run on both camps, but neither is bright enough to pick it up, because they don't interact with the other crowd, and in general just don't investigate things at all.
The big difference this year though is there a ton of effort to quietly undermine "the left" in a thousand different ways, even among themselves. That's because "the right" is scheduled to sweep everything and take full control of this country, as a necessary part of the WW3 agenda.
I can't be fooled by all this. I already understood Trump would win it the first time a full year before it happened, and publically predicted well over a year ago that he would win it this time, also. At that time I said he would also get a third and fourth term, just like FDR and for the same reasons, and I say it again now.
The key to understanding all of this is to know that ALL of these people are actors, reading from a script. It's ALL fake.
When a person's understanding has developed deeply enough, just by reading a headline one can instantly see what kind of agenda is being pushed and why, and in reading the article itself you can see how literally every single sentence is full of bias and manipulation. Same for every utterance of these politicians and any other media figure. It's all rigged and fake.
It's all theater. They're all actors, reading from a script. How do you think Trump got the job? Or AOC? lol. Panem et circenses, or "bread and circuses" as the Romans used to say.
The theater keeps the masses entertained and busy while the string pullers work silently in the background to accomplish their long term objectives. After the show is over, all these different creatures congregate together in their dinner halls to backslap and congratulate one another on yet another stellar performance.
Politics is essentially 'show business for ugly people', as one fellow put it.
And as George Carlin observed, "It's a great, big club--and you ain't in it."
Looks like 11:50AM is when some algorithm kicked in. Maybe the stock had reached rock bottom and was ready to rocket, but then HAL9000 took charge and flatlined it. Look at all that buying going on and the price staying dead at 0.065.
This might be a bull trap. What if they want you to think it's bottomed out, only to suddenly plummet again on Monday? I guess we'll see........ Personally, I'm hoping it does go to .15 so y'all can get some action.
You may be right. Look at how that chart flatlined all of a sudden. Spooky. Looks like some kind of manipulation going on. I may have screwed the pooch by bailing so early. My cash is tied up in settlement until Tuesday. If there's going to be a ramp, please Jesus let it be Tuesday or Wednesday...lol
Mark, you are 100% blue pill.
Based on these responses, you don't really sound much like a fact or evidence based person. Not really into deep learning, it seems. I prefer to investigate things thoroughly before deciding.
I'll just let the audience decide and leave you to your imaginings.
NAK looks great to me. Not boring at all. Or rather, boring = good for me. Occasional big positive moves and big dips of relatively long duration, with plenty of time to react. That and a guaranteed future for longs.
A big factor of uncertainty surrounding this stock is who wins the election? Well, I don't know much about stock trading, but I've spent the past decade studying geopolitics, and I already know Trump wins. There will be a lot of back and forth, and nailbiting, and worrying from both camps, and it will quite possibly go to the Supreme Court, but in the end, he wins. What does that do for this stock price?
Looking forward to raking in that profit very soon, then swinging on the volatility in the post-election uncertainty. Just sad I didn't have a chance to buy in under 50 cents like many did. :(
World War 3 is here. Lots of folks still have their head in the sand refusing to believe it. They will lose a lot more than money before it's over with. What does a big war do for metals prices, and for mining concerns that are now at rock bottom prices? What will it do for Northern Dynasty and other controversial projects, when it's now a matter of national security and not just a wish list item?
To me, nothing at all boring about this stock. I think this is the investment literally of a lifetime.
I recommend looking into GBRRF also, as a similar concern. That stock just hit what I believe is the floor for the time being, after a nice dip. I think we're very close to a strong buying opportunity in NEVDF also.
DEAR SIR, I FIND YOUR IDEAS INTRIGUING AND WISH TO SUBSCRIBE TO YOUR NEWSLETTER
That's your rebuttal? A link to some propaganda site? Did you know 5 enormous companies (all owned by the same crowd) control almost the entire world's media, including that web site? These people don't make money or enhance their power by telling you the truth. In fact, if they told you the truth, it would destroy them. That's why they keep building lie upon lie upon lie, to keep the whole system of lies they've already built from collapsing.
What do you suppose happens if the truth were to get out, the things I'm telling you here? That our entire civilization is based on cheap oil, which is unsustainable, explaining the neverending economic malaise of the past 12+ years, ever since skyrocketing energy prices lead to the previous crash? And that all of these wars, and all the death and misery that has been caused, really were about oil and conquest all along and nothing else?
Do you think people are ready to know the truth, that this world war we are in the beginnings of isn't a total accident, the work of some foreign evildoer which lead to a totally unforeseeable chain of events, like they will portray it to be, just as they did the previous world wars?
They've been planning this war for decades, precisely because they knew and understood where all of this oil business and other things you refuse to accept would lead, and any day of the week they would much rather occasionally kill off millions or billions of us through war, disease, poverty, etc than to develop a truly sustainable and decent way of living, which they could not live off of parasitically.
This is nonsense. You need to research this subject, because your life and future depends on it. Watch videos of Colin Campbell the petroleum geologist.
I have spent a good chunk of time studying petroleum chemistry. Do you know the difference between a hydrocarbon, and the molecule glucose, which living organisms use for energy? One oxygen atom. It's exactly identical to a hydrocarbon structure in every way, except for one oxygen atom. Studying the chemistry, it is clear and obvious that oil has a biological origin.
Abiotic oil "theory" is a perfect example of wishful thinking. Wanting it to be true that oil will go on forever and forever, so making up a rationalization to support that conclusion. There is no logic being used here at all.
The obvious error in the abiotic "argument" is that even if oil had an abiotic origin, it is clearly NOT being replenished quickly enough to support this extraordinarily gluttonous, wasteful, and ever-growing civilization. That's why we're now squeezing tar out of rocks in the Arctic these days, at great cost and energetic expense, rather than Jed shooting at a coon then moving to Beverly Hills, like it used to be.
That's also why the sudden interest in invading Venezeula. Their heavy, sour crude never was desirable in times past, but now it looks pretty good compared to shale oil or fracking.
And those Germans who invented the Fischer-Tropsch process to create synthetic oil in the 1920s? That process used COAL. Which is another hydrocarbon, with obvious biologic origins. Organic matter (like leaves, wood, grass, etc) can be used directly in this process also, if it's first converted into a pure "synthesis gas", which is essentially a mixture of hydrogen and carbon monoxide in a certain ratio, derived from breaking down the source material under heat.
Oil is running out, and that's the plain reality of it. Only a total fool can stick his head in the sand and ignore the truth. Unfortunately, we have an ample supply of those. People never do manage to avoid catatrophe, in large part because they IGNORE TRUTH.
When resources become scarcer, the result is war. And World War is here. Plan accordingly.
I took into account what you said about them consolidating the share structure. It does seem plausible. Cut my position short this morning at a small loss. I'll sit back and wait a bit to see how this one develops.
Got to studying the stock chart more closely, and understand better now what happened here. The new CEO was announced on the 15th. On the days prior the stock ramped up and down a few times to get people excited, just in time for the huge dip on the morning of the 14th when the insiders sold off. Then the 15th came with the news. Looks like people studied this situation that evening, didn't like what they saw. The next day (Friday) there was significant turbulence. Then over the weekend I guess people meditated some more, and the selloff began in earnest on Monday morning.
If there really is a share consolidation followed by another slide, that will be just lovely. :)
Looks like NAK is positioning for another mini-run so that's where I am for the moment. GBRRF has also halted its descent, at least for the time being.
Despite being a major project with seemingly high potential, on the verge of production, it's not being hyped up too much, is it? There's what, 3-4 guys posting on this board? I've seen much more active boards on other popular stocks.
The hype drives the stock, and the stock drives the hype. What if there's no hype here to begin with because this is a genuinely solid investment that major players want to keep low key?
One would think higher copper would push this stock up, but it's sinking. Why? It could be because the company has serious internal problems that are being kept quiet. Or maybe the price is being deliberately suppressed so that the big players can load up. All of this stuff is manipulated on every level, so who knows?
I noticed on the stock chart when the new interim CEO was announced there was a sharp, sudden dip, which quickly rebounded, and then the stock seemingly continued on its normal path. Then after a pause, a slow selloff began, followed by a big drop.
I think the initial dip was just due to a reflexive action by the market on hearing unexpected news. Afterwards the worry seemed to dissipate. But then people started thinking and talking and perhaps the internal discussion among themselves involved, why is this stock still so low when others are climbing? Why am I letting my money sit on the sidelines here when I could be enjoying the ride up elsewhere? Maybe the company has serious problems, they reason. This along with other factors of uncertainty elsewhere, their confidence took a hit, and they tapped out.
If everything with this company is as it appears on the surface, and production does begin as anticipated in November, then we are buying at the bottom of what is sure to be a sharp and steady climb, starting within 1-3 years. Or we will hear some really bad news from them in November and find out we've been hosed. I don't think there's much of an in-between here.
Any well structured copper miner which manages to survive and hang on long enough over the next year or so without going bankrupt is going to have a nice ride ahead.
> 'Copper ranks as the third-most-consumed industrial metal in the world, after iron and aluminum, according to the U.S. Geological Survey (USGS). About three-quarters of that copper goes to make electrical wires, telecommunication cables and electronics.'
It's indispensible for bullet casings, also!
I am in my late 30s and just began trading for the first time ever. I didn't get into this business because of the lure of easy riches. I'm not into gambling and never have been, but intelligent speculation is another matter, and this is a good market to speculate in. Buying NEVDF and GBRRF these past few days were/are my first trades, and I have more orders in to buy the dip even further.
Here is what I know for absolute certain, and have known for years: World War 3 is here, and Donald Trump will be reelected. I called both of those years ago. Invest accordingly! What I don't know for sure is the internal workings of this particular company. We could all be getting snowed somehow by insider manipulations. But I'm inclined to believe otherwise. It looks like a big drop before a massive bull run. But who knows, except the insiders?
Notice how the stock has been on a steady downhill slope for a long time? Now compare and contrast with a joke company like Tesla, skyrocketing to the moon. I believe I see a pattern here with certain companies which have actual value doing little to nothing in the market, while sham companies skyrocket. I think the sham 'tech' company 'investors' will be swiftly converted into bagholders, while the investors in oil, mining, materials, foodstuffs, etc will make their fortunes in the years to come.
I recommend looking into NAK also. There are strong positive signals around that stock IMO. I think it's a buy anywhere under a dollar, though I'm hoping for some bad news soon to hopefully grab some around 70 cents or under. ;)
Notice how NAK and GBRRF are mining concerns with a lot of controversy surrounding them? Thus the reason for the depressed share price. I do believe both mines will inevitably be built. World War has a way of brushing aside such minor concerns as relocating/destroying whole villages and cultural artifacts.