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Monday, 02/12/2018 10:33:26 PM

Monday, February 12, 2018 10:33:26 PM

Post# of 29924
CNA Finance has a discussion about short manipulation of NAK today.

https://cnafinance.com/northern-dynasty-minerals-nak-stock-get-ready-for-a-strong-day/18055


This is the main point from that article....

"At the moment, NAK is hitting a key limit. The reality is that there are under 10,000 shares available to short on the stock. While this may sound like a pretty big chunk, with more than 4 million shares trading hands in the average session, the amount of shares that can be shorted at the moment is nothing but a drop in the bucket.

So, this means that the shorts don’t have control over the stock today. With so few shares available to shorts, if longs start to push, the stock is going to go up. That’s exactly what we’re seeing from NAK."

"Be fearful when others are greedy, and greedy when others are fearful."
_Warren Buffett

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