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Why would the price of this POS keep dropping despite a so-called 'big shot?'' Weird, huh?
You're right. I expected gold to end its seasonal lows and march upward again--so far it hasn't, aside from a little blip up today.
Nearly 2 billion shares authorized. Baumans have a lot of dumping to do. They will make the bag holders' bags even baggier.
Another stellar day for JDST. Ka-ching!
LOL
Muskrat gets no love. Crash and burn--just like Enron and Solyndra.
Couldn't happen to a nicer pot smoker.
https://www.zerohedge.com/news/2018-09-27/elon-musk-sued-sec-tesla-stock-tumbles-here-full-complaint
This continues to be the short of the century.
Every day this goes down. It's a bottom-less wonder.
Ha ha--ok, but the price continues to drift down. Soon it will be a few cents. Stay tuned. That crow is turning into a circling vulture for bag holders.
I'm not going to run along, kiddo.
Yes, scam.
I would much rather talk about gold and JNUG than certain other posters here, but as Tony Soprano would say, "Whaddya gonna do?"
I've been following gold and silver for many years and once upon a time I believed in the gold story too, but since then I've come to realize just how rigged and controlled it is by the global central bankers. So far China (and Russia) as well as India and the other gold 'hoarders' haven't been able to change that. Heck, silver is still in the $14s. Had you told me ten years ago that silver would be $14 in 2018 I would have laughed out loud. A lot of us who were heavily trading in silver futures got whacked by JP Morgan right after May 1, 2011. They traded collusively and illegally to drive silver down and they got away with it because heck, the central bankers run the show, right? I found out who was really in charge, So yes, I lost a lot of money--something many here will never admit. I also realize some here win huge each and every time no matter what happens--good on them if true, but again...I'd rather be in touch with reality in a macro sense than try to guess day to day flip flops.
Some say you should buy JNUG and just hold it and if you look at a long term chart, well...it has been a disaster due the decay and the nature of the beast. Others say to flip it, but it's still guess work.
I don't want people to lose money in JNUG. Heck, that's why I was up here in my 'peanut gallery' warning everyone before the drop. I saw it coming and it was as plain as a Bulgarian pin up. However, some people only see what they WANT to see and when they think their vision trumps reality...well, that's usually when folks lose the most dough.
There's always a lot of doom and gloom out there to be sure, but those yelling the loudest to buy precious metals usually have plenty to unload.
Gold should bounce eventually because the usual summer swoon is done. But the Fed raising rates does not portend well for gold in the short term.
Good luck!
This stock may be worth holding into next week. GLTA.
I predicted this would be sub $10 earlier this year when it was $16. Dumb money? Longs who believed your palaver.
Nobody wants to buy a stock ready to conduct a reverse split. That's looking more and more inevitable here.
Nice 4 buck bounce here for easy flip.
In the OTC, if a stock isn't going up, it will almost certainly be going down. Especially if it's a proven scam, and there is proof here.
This will be heading down to a few cents once bag holders finally acknowledge what's causing the smell within the bag.
$300 stock, eh? I'd say that's worth a roll of the dice here.
JNUG ALERT: DIVE DIVE DIVE!
Reverse split happening at the bottom.
What does an obscure Canadian nickel miner have to do with junior gold stocks and JNUG in particular?
Nothing. But you are free to pump your junk here.
What run? BONZ runs so slowly that stationary objects pass it by. Or maybe you mean running backward.
What BONZ needs is a hot gold market where everyone is feverishly snapping up every and all gold stocks out there. Rising tides lift all boats--even leaky ones such as BONZ. The problem is, gold is in a bear market and gold stocks continue to scrape out new lows. There is no gold fever. Besides, BONZ has no gold--it only has a lot of desert dirt claims, and if any of those claims had viable gold on them, those deposits would have been mined long, long ago.
Could be an interesting day here tomorrow depending on the Fed signal. They're really pushing on a string at this point. Raising rates will not be good for gold and they're committed to such tightening.
Didn't send you a PM. Good luck with your decisions.
Those who listened and stayed away from this scam were saved a LOT of money.
Bright Red Group is more applicable to the collapsing share price.
This junk is going lower still--much lower.
The GNCC ship is already sinking....and it will continue to sink. Some are painting the sinking ship, but they're wasting their time. Just look at the ugly chart.
Didn't mean to come off as strident, but as a former 'gold bug' I learned first hand and the hard way just how rigged and corrupt things are. The only hope is to end the Fed and return to a more sound system of money...but I don't see that happening any time soon. Trump expressed some interest in auditing the Fed--which would be the first step to ending it. There's no reason in the world Congress can't print their own damn money and make it interest free.
Meanwhile, gold is held in check no matter what the Russians and Chinese are up to.
Could be. I'm thinking another 4/1 type RS. We'll see. I'm a little surprised they haven't announced it yet. Maybe after the next Fed decision.
Things are looking tragic!
Support is broken. This one is going back down from whence it came. Too bad for the bag holders who believed this malarky.
The Fed is arrogant and in control. They pride themselves on being independent. They are neither Federal nor a Reserve--they are a private central banker globalist entity--so sure, they'd be happy to show up Trump, who is a non-member of their 'Big Club.' (You know, the one George Carlin described).
They care about protecting their own power and if that means the gold bear gets even fatter, so be it. Make no mistake--their King Dollar is still in charge and can force precious metals anywhere they like.
Remember, the Baumans have a billion or so shares ready and waiting to dump on dupes who think this has a chance.
This deserves to get down to .0001 and it probably will.
You're not going to hear this often, but you deserve thanks for helping people avoid this scam. Well done.
The $5 and $10 pricepoints tend to be important in this regard. Stock exchanges also tend to look at per-share price, setting a lower limit for listing eligibility. So when a company does a reverse split, it is looking mathematically at the market capitalization before and after the reverse split takes place, and concluding that if the market capitilization remains stable, the reduced share count should result in a higher price per share. Looking at the JNUG split history from start to finish, an original position size of 1000 shares would have turned into 50 today.
https://www.splithistory.com/jnug/
The bull trap was set first--and it was a much bigger and successful trap. I remember one bull here stating he was going all in for his clients at around $11.50. LOL
Doesn't appear anyone wants this junk now. The cooper steroids must have worn off...
I thought gold was supposed to go ballistic due to the Chinese buying it up and dumping the dollar. A gold-linked Yuan and the Shanghai gold exchange were supposed to make gold far more expensive. The Russians also dumped the dollar and bought gold.
Looks like the central bankers and their 'King Dollar' still have gold by the short hairs. They can still rig the price and make it go down wheneeeevvvver they want.
That's a definite possibility. A lot of bag holders will get frustrated and throw in the towel as hope diminishes on this thinly-traded bubble.
AMRH sells off hard after each nice move. It's like clockwork.
Wow, this keeps going down. Every. Single. Day.
Sub-cent is coming. They want that water squeezed out of that rock.
Who are 'they'? This scam is going nowhere.
This is not likely. The useless Sessions is anti-marijuana, sure...but Trump favors legalization. It's more likely Trump will dump Sessions after the mid terms. GNCC may have plenty of obstacles in its path, but this is not one of them. Prohibition has failed again and anti-pot fanatics such as Sessions won't bring it back again.
--------
Has anyone thought about what happens when Jeff Sessions and Trump decide to appease their base and whip up some sort of anti-marijuana legislation on a federal level? Midterms in 2 months and election in 2 years.
One document like that and this ticker closes.
All they would be able to do is sell it at their casinos.
Providence sounds good to me. And you were right about NUGS.
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