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Possibly one of the worst companies out there, and its 20 year track record of failure proves it. So the new desperate TOXIC NAK supporter tactic is to call anything, including legitimate criticisms, articles, and news reports that are negative about the company, "fake news."
That kind of thinking is so immature and so patently ridiculous it is beyond laughable. To say that there is nothing wrong with the company when the stock crashes from $3.50 to .50 is about as dumb as dumb money can get. But hey, that's why its called dumb money!
Yeah, sure, "wrong side of the trade". I guess all those who listened to the 100% correct warnings here and sold this trash stock at $2.00 or $1.75, or $1.50 or even $1.00 were on "the wrong side of the trade" as well. Anyone who stayed long in this TOXIC NAK disaster are now deeply underwater and desperate to get out. Dumb money keeps making excuses and blaming everything but the company for the sorry share price. But hey, making excuses and ignoring reality is what dumb money does best.
I have no idea what you are talking about. Why don't you post a link to the information you say is there that shows the EPA released news Friday night.
It shows the desperation that has set in for NAK dumb money "investors." Dumb money calls real news fake, and fake news real. Dumb money will say anything, just like this latest fake "the EPA had news about Pebble late last night" fake news, or the "Big NAK News tomorrow" lie, in order to deceive shareholders.
It's not working, and will have the opposite effect on any potential investor who sees that there is rampant dishonesty being deployed by desperate dumb money, posting false alarms and outright lies to try and boost the stock price.
There wasn't any new EPA announcement about Pebble because it was actual blatant purposeful "Fake News." Just like the other fabricated fake big news is coming "tomorrow" announcements made here by dumb money hoping to deceive other shareholders into believing some kind of big News was coming when it wasn't.
There is no site to go to because there was no news late last night and it isn't true. It's an example of what actual "fake news" is that dumb money screams about all the time.
https://www.epa.gov/superfund/superfund-national-priorities-list-npl
No they didn't, and there was no EPA Pebble news late last night.
https://www.epa.gov/superfund/superfund-national-priorities-list-npl
Keep believing the company line and everything the company tells you. Where did that get all the long investors who got financially crushed over the last 20 years when the company failed over and over again and the share price crashed.
Believing what Theissen and the TOXIC NAK crowd tells you is the straight path to the poor house. Dumb money always finds out the hard way. That's why they're dumb money. The warnings have been posted here for months. The warnings were 100% correct. Smart money listened to the warnings and avoided total financial disaster. Dumb money attacks the warnings, making excuses and blaming everything except the company for the TOXIC NAK failure. But then that's what dumb money does.
Once again, totally a nonstarter, comparing apples to oranges. The pipeline did not threaten to destroy the Salmon Industry in Alaska. The TOXIC PEBBLE MINE does.
Irrelevant again. Just points to even more reasons to protect the Salmon from the TOXIC PEBBLE MINE! Any "over fishing", if there is any, can easily be solved. The TOXIC MINE will permanently destroy the spawning grounds.
Once again, totally irrelevant. The Caribou and Whales have NOTHING to do with the Salmon Fishing Industry in Alaska. Bottom line, no matter how NAK shareholders stamp their feet and tantrum, the people of Alaska overwhelmingly reject the TOXIC Pebble Project, and all the Candidates for Governor agree with them.
Totally irrelevant. The pipeline did not threaten the Alaskan Salmon Industry. The TOXIC PEBBLE PROJECT does.
Walker doubles down on opposing Pebble Mine
https://www.ktoo.org/2017/10/04/walker-doubles-opposing-pebble-mine/
FACT CHECK: NONE of the Alaskan Governor Candidates are for the TOXIC Pebble Project -
Five candidates for Alaska governor debated rural issues at the Bristol Bay Fish Expo in Naknek last Saturday. Naknek is the hub of the world’s largest sockeye salmon run at Bristol Bay. Fish Radio asked each candidate his position on the Pebble Mine.
Mark Begich is a Democrat from Anchorage –
Grundens new Deck Boss boots. At gear shops now!
I am opposed to Pebble Mine. As the late Ted Stevens said, it’s the wrong mine in the wrong place. I think it would damage the long term health of an incredible fishery in this region. I think there are steps that could be done as governor that have not been done. When people say they are against it, they should be against it all the way. The first thing I would do as Governor of Alaska I would also make sure the Corps of Engineers knows that state land or state right of way or state access would not be part of any of their plans. Therefore, the state would not participate in that effort which I believe would finally put an end to this project, and also end the divisiveness this has caused, not only here in this region, but throughout Alaska. This issue never goes away, it seems. It’s like Groundhog Day, it keeps coming back. I would take steps immediately to make sure the state is not a participant.
Mike Dunleavy of Wasilla is a Republican candidate –
It’s difficult for me to answer until it goes through the study process. Once we can examine that data then I think a final decision can be made. If the Pebble Mine is going to endanger fisheries or other resources in the area, I think we all should be against it. But I don’t have that answer until we go through that process. I do think there is a danger, to be honest with you, in politicizing this study process that we have. In the end if it is not a good project, we shouldn’t have it permitted.
Republican Scott Hawkins is from Anchorage –
The Pebble Mine raises a lot of difficulties and there are a lot of concerns with it. I think it is losing momentum as a project. You see where the latest investor just pulled out. That investor follows Angl-American pulling out who follows Rio Tinto. All the big hitters in the mining industry have decided that it just doesn’t work on a couple of different levels. And a lot of it is just how tremendously controversial it is to the people in this region. I think it very well may be the wrong mine in the wrong place, and as a project it hurts the mining industry because it’s tremendously controversial. I think the project has the legal right to go through the permitting process but it needs to be held to an incredibly high standard because if anything at all goes wrong, there is just so much at stake.
Republican Mead Treadwell also is from Anchorage.
I will not trade one resource for another. If this mine cannot meet the kind of water quality standards and habitat protection standards that we have created to protect our fisheries all over the state, then it won’t happen. I was Deputy Commissioner of DEC during very tough time in rewriting our water quality standards and one of the things we did is look at several different mines. The Fort Knox mine around Fairbanks was permitted, the AJ Mine near Juneau did not make it through the process. From what I’ve seen it is going to be very hard for this mine to make it through the process. But I will say this – I will not fool you about the public process. It makes sense to have a strong public process where we get to analyze what is happening.
Independent Governor Bill Walker of Juneau says it’s ‘fish first.’
We will not trade renewable fish for non-renewable resources. We activated the Bristol Bay Advisory Committee. I am a big believer in local input. I believe those closest to the issue are closest to the solution and we listen closely to that. I have been very clear that I am not in favor of that mine and I am very concerned about the mine. I am concerned about what it could do. I had an interesting discussion with a group about that and they said it can be done safely. My response was ‘what if it doesn’t. look at all that is at risk. Alaska has $4.7 trillion of resources in the ground. That is not the right place to put a mine. I am very pro-development, pro mining but not in that location. It is not a risk I am willing to take as governor.
Tomorrow we’ll feature the candidates’ positions on the Stand for Salmon initiative. Thanks to the audio assist from Channel 11’s KTVA.
http://www.alaskafishradio.com/candidates-for-alaska-governor-shared-their-positions-on-the-pebble-mine-at-bristol-bay-fish-expo-in-naknek/
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See you at .20. Going to be a disaster.
How hilarious is describing a .017 increase as a "spike" up. I guess a .017 decline in the price could then be called a "crash" down. Pretty sad when shareholders are exhilarated by a .017 "spike" up. Especially when the stock "crashed" down .02 before the "spike" up of .017. You just can't make this stuff up folks!
Fact checks:
None of the candidates for Governor of Alaska are "pro-Pebble."
http://www.savebristolbay.org/in-the-news/2018/6/18/candidates-for-alaska-governor-shared-their-positions-on-the-pebble-mine-salmon-habitat-ballot-initiative
Anyone who actually does do a "deep investigation" of the company will run for the hills and get as far away from this TOXIC stock as they can.
NAK - .51 x.5124 only $2.99 more to go to hit $3.50. Unfortunately , it's moving in the wrong direction. Lol Lol Lol etc.. etc..
Doesn't matter to dumb money. They are fully invested in total disaster. Dumb money hasn't learned anything from the crash of NAK from $3.50 to .50. Dumb money ignores the voices that have been 100% correct in their warnings, and instead attacks them, not the company that got them into this financial disaster. Dumb money will hang on tooth and nail until NAK is sub penny.
Then dumb money will scratch their heads and wonder why they lost their entire investment. Theissen must be laughing at how he has hooked dumb money into always believing the company line, and knows they will believe anything he says. As usual, I am shaking my head in disbelief!
NAK - .511 x .5188
NAK - .53 x .5397
Dollar goes up, Gold goes down. Dollar goes down, Gold goes down.
The stock has already crashed, from $3.50 down to .50. The next crash could be lights out, especially if the permit is denied, or bankruptcy is declared. Heavy dilution or a Reverse Split are also in play if the company can no longer pay its expenses and Executive salaries.
Welcome to our new Moderator Scotttrader80.
NAK Float Reality Check - NAK - Shares Outstanding - 312.14M Float - 276.71M
https://finance.yahoo.com/quote/NAK/key-statistics/
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OS is 312 million. Eventually, .35 will be the price trapped longs will be hoping and dreaming for. Any whiff of a bankruptcy, Reverse Split, or denied permit and NAK will drop like a rock to penny land.
Move the decimal point to the left. Going to .350 is more likely. The stock had its day at 3.50 and crashed all the down to .50 because of incompetent Management and the Alaskan people firmly rejecting the TOXIC Mine. Even a whiff of either bankruptcy, reverse split, or failure to get the permit, and look out below because .350 will quickly become .00035
It is quite incredible that someone thinks that because a .56 cent stock goes up a few pennies it is "because someone knows something," or declaring that "a group" was buying. Terms like "shot up" in price, and "jumped" in price, do not apply in any way to a small move of a few pennies in a .56 cent stock. Thousands of stocks trade everyday and fluctuate up and down in price a lot more than just a few pennies, and it is not because "someone knows something." Only a novice "investor" would be naive enough to actually believe that, and worse yet, advise others to buy the stock based on that ridiculous theory. It is almost as naive as to think that after market T-trades and after market bid/ask prices have any real significance on a daily basis.
By the way, 1,500,000 shares traded is not "monster volume." 10,000,000 would be a start, and even that would not be considered monster volume for a stock with 350,000,000 shares out.
U.S. stock markets are open for trade on Monday, but bond markets are closed in observance of Columbus Day.
Yup, and the price ended down again
Reality Check - NAK .555 x .5656 - Something appears to be going on! Lol..
It was not a bullish indicator any more than it was a bearish indicator. Anyone who uses T-Trades to determine trading strategy is heading for bankruptcy. Good luck with your "strategy". Lolol... As always, I am shaking my head in disbelief. You just can't make this stuff up folks. It is solid evidence as to why novice "investors" lose every dime they have by trading in ignorance of even basic trading fundamentals. But then, it also shows why some "investors" did not get out of NAK when the warning signs were all there for anyone to see, clearly showing that a crash in price was coming back when it was still trading in dollars.
That trade was a T-Trade, like many after hours trades are. Do some DD and find out what T-Trades are and you will discover that T-Trades have little if no bearing on what actual Market Hours trading will be. Basing market hours expectations on T-Trades is futile. It shows a basic lack of understanding of trading in general.
Dumb money - making the same mistakes scammed investors made at $3.50, mistakenly believing what the company told them. Dumb money - ignoring the 100% correct warnings that the stock would crash. Dumb money - continuing to believe the company, the same company that has never produced what they have promised for years. The company that continues to depend on the last remnants of dumb money to keep their sinking TOXIC ship afloat until, delisting, bankruptcy or a 1/500 Reverse Split kicks in.
Hey Baby........ See you at .0001.........
Lololol.... 2 shares traded after hours at .58! And this is what desperate shareholders are excited about! I am once again shaking my head in disbelief. You can't make this stuff up folks! Lolol..
https://www.nasdaq.com/symbol/nak/after-hours
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Keep depending on After Market trading to determine where the actual open market trading goes, and watch how quickly that faulty strategy results in loss of your entire "investment".
sherman106 - .20 is generous. By the time this disaster is over, .20 will be what bag holders will be striving to see so they can salvage what is left of their devastated "investment". Just like $2.00 was the last ditch chance to get out after the crash started from $3.50 to .50. Best of luck, because charts on a stock like NAK are totally meaningless.
sherman106 - pipe dreams - last trade .559 - never have I seen so many depending solely on After Market trades to try and justify their doomed investment.
No he won't. Not only do all the politicians not support Pebble, more importantly the people of Alaska do not support the Toxic Pebble project, and do not want this Toxic mine. It is as clear as day right in front of shareholders faces.
The smart money got out while they could when the stock was still trading in dollars. The dumb money continues to ignore the obvious, and ignore all the warnings that have been 100% correct. That is why dumb money gets trapped and eventually loses everything, while smart money escaped this Toxic Disaster at much higher prices.
Theissen depends on dumb money, and knows dumb money believes everything he tells them. Big Mistake! But then, that's why they call it dumb money.
Anyone who basis bid and ask prices related to future trading, on daily After Market trades and After Market bid and ask prices, and then comes up with future long term or even short term analysis of who wants to buy and who wants to sell based on it, will eventually and quickly, lose every dime they have to invest.