Northern Dynasty Minerals Ltd (NAK)

[daveblanchard]

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.