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Actually, with a little patience, NAK shareholders will lose their entire "investment" if NAK goes Bankrupt! Of course a 1/500 Reverse Split might help the Company out, but of course it will devastate current shareholders. But then, that's what NAK does best, devastate shareholders!
Correct. It won't be this low forever, it will be much lower than this forever! Lol...
Yeah, the "Big players" suppressed it all the way down from $3.50 to .50. Now that is some serious suppression going on! Pretty soon they might suppress it down to .25, and throw a big suppression party!
That statement has about as much credibility as this one:
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=143797568
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Fantasy News... Theissen gives another nothing burger presentation, saying the same old tired nonsense about how everything is going just great. The same nonsense that trapped the dumb money from $3.50 down to .50. The smart money listened to the voices here who have been 100% correct about the crash of NAK, and exited when the stock was still trading at $2.00 saving countless investors untold thousands of dollars who listened to them.
The dumb money does nothing but attack the voices who have been 100% correct, blaming them, not the company for the TOXIC NAK DISASTER that destroyed so many shareholders investments. When will they ever learn, when will they ever.... learn.
First of all, I have never shorted any stock including NAK. Just because someone criticizes NAK, doesn't automatically mean they are shorting NAK. The "shorts are the problem" excuse is just that, an excuse for the share price that is the result of failed NAK management and countless promises that never materialized.
Dumb money will keep believing the company, and keep buying up that NAK stock. Everything you just said was said when the stock was trading at $3.50. How did that work out for those poor shareholders who held on in desperate hope that the company would actually deliver on their false promises? But hey, don't listen to the voices that have been 100% correct. Keep listening to the company that have been 100% wrong.
These guys disagree. Take it up with them:
https://ofmpub.epa.gov/eims/eimscomm.getfile?p_download_id=513582
It came out pre market open - Date :09/24/2018 @ 8:04AM
https://ih.advfn.com/p.php?pid=nmona&article=78315920
Is this Fake News too? If so, then take it up with the authors, who are from the Center for Science in Public Participation -
Quote:
"PEBBLE MINE CHARACTERISTICS
The proposed Pebble Mine is a low grade, high-volume copper mine located on state land in the Bristol Bay Region of southwest Alaska.
It lies at a confluence of rivers that are critical to the salmon fisheries of Bristol Bay; the nearest communities are Nondalton and Illiamna/Newhalen.
The Pebble Mine’s ore contains only scattered specks and tiny veins of copper mineralization: approximately 0.34% copper, 0.023% molybdenum, and 0.01 ounces of gold per ton.9
Extracting one pound of Pebble’s copper requires pulverizing and chemically processing 294 pounds of ore.
Pebble is principally a copper deposit, with copper representing approximately 95 percent of recoverable metal by volume and 60 percent by value.
The mine also seeks to dig an open pit and underground mine to remove copper, molybdenum, and gold.10"
https://ofmpub.epa.gov/eims/eimscomm.getfile?p_download_id=513582
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So... sellers bring the stock price down, and buyers bring the stock price up, and after market trades mean .... what??? I am doubled over laughing! This TOXIC stock has already been pulverized down from $3.50. There is no "announcement", there is no "press release," and there are no insiders who are winking and nodding at each other in secret, buying up the stock.
This stock is one of the biggest pipe dream disasters for naive investors I have ever seen. The smart money listened to the 100% correct warnings and got out between 1.75 and $2.00. The dumb money continues to ignore the warnings and are on the verge of losing THEIR ENTIRE INVESTMENT, not just part of it. When NAK crashes this time, it will happen so fast there will be no time to get out. When will they ever learn. Once again I am shaking my head in disbelief!
So NAK closes up two pennies and there are wild celebrations, back slapping, boasting, and ridiculous predictions of a $100.00 per share stock price. I think Disney Land has a new pavilion opening called NAK Shareholder Fantasy Land!
It's not my quote, it's Jake Williams quote. He wrote the article, so take it up with him -
Actually, he's a little more than just an "independent stock trader", which by the way, everyone who posts here most likely is. Would it be better if he had no experience trading stocks?
Lol... still depending on After Hours trading to have some shred of hope. What a terrible way to gauge the true share price of a stock. In fact, it has to be the worst possible trading strategy in the history of trading! However, when all hope is lost, and the share price keeps declining, grasping at straws is understandable.
NAK - .525 x .5265
NAK - .5324 x .5396
The dumb money will never see the obvious until it's too late. The smart money listened to the 100% correct warnings posted here months ago when NAK had not completely crashed down to below .50, and got out from $1.50 to $2.00. Now the warnings from the voices that have been 100% correct are still being ignored by dumb money. More devastating losses ahead for dumb money. Unfortunate.
That's not surprising at all that the dumb money doesn't know what I am talking about. The smart money, that do know what I am talking about, got out of this TOXIC DISASTER when it was still trading from 1.50 to 2.00 before it crashed even further to .50.
Depending on After Hours trading to gauge what the price of a stock will be upon open the following morning is one of the dumbest strategies possible when trading stocks. However it is not surprising that desperate NAK shareholders would place their hopes and dreams on After Hours trading prices. I guess there really is not much more to cling to when it comes to the TOXIC NAK Disaster. As I said before, I am shaking my head in disbelief.
To try and gauge the true price of ANY stock by looking at After Hours post close Bid / Ask prices is a futile endeavor and a disastrous way to trade a stock. Only the most naive investor, would base their expectations on how a stock will trade by looking at After Hours post close prices. There are usually large spreads between the bid/ask prices post market close. Once again, I shake my head in disbelief at how grasping at straws is the only hope for some NAK shareholders.
NAK .54 x .553
The people who paid attention were the shareholders who got out when the warnings began before the stock crashed from 3.50 to .50.
Those who listened to the voices here who REPEATEDLY WARNED that the stock was doomed to fall to its present levels were 100% correct in their predictions. Those voices should be celebrated and thanked for saving investors who heeded those 100% correct warnings huge losses.
Instead, the voices who have saved countless investors countless thousands of dollars are combated by those who desperately hold on to the ever so fleeting hope that NAK stock will rise again.
NEW WARNING from the voices that have thus far been 100% correct in their predictions. NAK SHAREHOLDERS ARE IN IMMINENT DANGER OF LOSING THEIR ENTIRE INVESTMENT. Ignore at your own risk. Those who ignored the warnings at 2.00 paid the price. Those who currently are ignoring the warnings will suffer the same fate.
Pay attention. Someone was not paying attention, and questioned the validity of my previous statement that Thiessen has been in "negotiations" for 10 years. The facts are, he has been in negotiations for over 10 years. How has that worked out for him and for NAK Shareholders? It has been an absolute disaster for shareholders. The excuses given don't mean squat. The share price says it all. NAK CRASHED and destroyed shareholders. Those are the facts.
Those who have been warning shareholders since NAK declined to $2.00 that NAK would crash to current levels have been 100% correct. Instead of constantly combating them because their warnings were correct, they should be thanked.
From over 10 years ago - Theissen "discussing" partnerships. Nuff said. He has been in partnership discussions for over 10 years.
https://ih.advfn.com/p.php?pid=nmona&article=22781028&symbol=AMEX%3ANAK
Yeah, he's been in "discussions" for 10 years. How's that been working out for him.
LOL.. Fundamentals??? What fundamentals? NAK .5601 x .5646, That is your "fundamental."
Real Time Reality Check - NAK now trading @.56 -.025
Lol. Ya ok.lol
NAK trading at .5750, going in the opposite direction. Have a beautiful day. Lol
NASDAQ BookViewer has Sell Orders 262,875, Buy Orders 12,520. If you don't like the stats, take it up with NASDAQ BookViewer, which shows in real time, buy and sell orders world wide for a stock.
NAK back in the Red as usual .5779. Sell Orders 261,045, Buy Orders 14,420. NAK on the edge of a cliff with a bottom of .0001.
Really? Once again, shaking my head in disbelief. How many shares were traded today? At what price were they traded? The wishes and dreams of those so far underwater that they are depending on miracles and pipe dreams to recover their losses, is clearly reflected in those misleading stats. Doesn't matter at what share price some are "willing" to sell their shares at. What matters is what the stock is actually trading at now, which is a bottom feeders price since the stock CRASHED from $3.50 to .50. Desperation has set in, and when the price reaches .04, sheer panic will have long since taken over.
That's not what NASDAQ Bookviewer shows for NAK. Buy orders Total Shares = 24,864 Sell orders total shares = 315,356. If you don't have NASDAQ Bookviewer, you should. If you don't like what their data shows, take it up with them. However their data is spot on, and shows real time total buy and sell orders World Wide.
Like I said, sad state of affairs for NAK shareholders. Every day, scrutinizing, analyzing, and agonizing over every single penny movement up or down. Watching intently and becoming exuberant over any after hours trade that seems to be an uptick, even though, as experienced traders know, many are just T-Trades and not relevant to the actual Bid/Ask. Scratching and clawing and hoping for any kind of upward movement. A few pennies up, then a few pennies down -- and down lest we forget, from the catastrophic crash from $3.50 all the way down to .50 that many conveniently seem to forget or ignore. Now a few pennies up call for jubilant celebrations, congratulations, and chest beating. However, the bottom line remains the same, you can put lipstick on a pig, and it's still a pig.
It would be comical if it were not such a tragedy. Huge celebrations and backslapping because the stock is trading at .54 instead of .50. Completely ignoring the fact that the stock price plummeted from $3.50 crashing to .43. When the stock claws and scratches its way up a few pennies, I guess it is cause for celebration for those who bought at .50. However it is no consolation for the majority of shareholders who got financially devastated with losses on the long sickening slide from $3.50 to currently .54.
Sorry, but Institutional ownership is NOT up -
Ownership Summary as reported in the most recent 13-F filings - NOTE: Increased positions 25, decreased positions 40, New positions 8, sold out positions 20.
https://www.nasdaq.com/symbol/nak/institutional-holdings
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