FinancialAdvisor's College Class (FACC)

[FinancialAdvisor]

***NEM - perpetrators left evidence on the tape...

*NEM bulls be careful, blockade set-up! Check out what type of information tape-reading gives the reader:

Apparently someone somewhere put up a blockade on NEM today just before the close at $45.00 and $45.01... as ALL THE following TRADES were AT THE ASK

Rec. Time 	Action 	Price 	Volume 
  3:59:08 PM	Ask	 45.01 	  15000 
  3:59:06 PM	Ask	 45.01 	  15100 
  3:59:04 PM	Ask	 45.01 	  11700 
  3:59:00 PM	Ask	 45.01 	  11300 
  3:59:00 PM	Ask	 45.01 	  11100 
  3:59:00 PM	Ask	 45.01 	  10800 
  3:59:00 PM	Ask	 45.01 	  10500 
  3:58:54 PM	Ask	 45.01 	  10100 
  3:58:54 PM	Ask	 45.01 	  10000 
  3:58:50 PM	Ask	 45.01 	  10000 
  3:58:50 PM	Ask	 45.01 	  10500 
  3:58:48 PM	Ask	 45.01 	  10600 
  3:58:48 PM	Ask	 45.01 	  10700 
  3:58:48 PM	Ask	 45.01 	  10200 
  3:57:40 PM	Ask	 45 	  31000 
  3:57:40 PM	Ask	 45 	  31100 
  3:57:38 PM	Ask	 45 	  19500 
  3:57:30 PM	Ask	 45 	  29200 
  3:57:30 PM	Ask	 45 	  23400 
  3:57:30 PM	Ask	 45 	  25200 
  3:57:28 PM	Ask	 45 	  26300 
  3:57:28 PM	Ask	 45 	  25200 
  3:57:16 PM	Ask	 45 	  28700 
  3:57:16 PM	Ask	 45 	  28400 
  3:57:16 PM	Ask	 45 	  24900 
  3:57:14 PM	Ask	 45 	  24800 
  3:57:14 PM	Ask	 45 	  25700 
  3:57:12 PM	Ask	 45 	  15900 
  3:57:10 PM	Ask	 45 	  32000 
  3:57:10 PM	Ask	 45 	  32800 
  3:57:10 PM	Ask	 45 	  33600 
  3:57:08 PM	Ask	 45 	  30700 
  3:57:02 PM	Ask	 45 	  30500 
  3:57:02 PM	Ask	 45 	  31200 
  3:57:02 PM	Ask	 45 	  31900 
  3:56:56 PM	Ask	 45 	  30100 
  3:56:54 PM	Ask	 45 	  34300 
  3:56:48 PM	Ask	 45 	  34600 
  3:56:48 PM	Ask	 45 	  34500 
  3:56:46 PM	Ask	 45 	  34800 
  3:56:46 PM	Ask	 45 	  27200 
  3:56:46 PM	Ask	 45 	  33500 
  3:56:46 PM	Ask	 45 	  30700 
  3:56:46 PM	Ask	 45 	  21000 
  3:56:10 PM	Ask	 45.01 	  18600 
  3:56:10 PM	Ask	 45.01 	  17300 
  3:56:10 PM	Ask	 45.01 	  20800 
  3:56:10 PM	Ask	 45.01 	  20600 
  3:56:02 PM	Ask	 45.01 	  20500 
  3:56:02 PM	Ask	 45.01 	  19700 
  3:56:02 PM	Ask	 45.01 	  14800 
  3:55:58 PM	Ask	 45.01 	  19700 
  3:55:58 PM	Ask	 45.01 	  18400 
  3:55:58 PM	Ask	 45.01 	  18300 
  3:55:56 PM	Ask	 45.01 	  18200 
  3:55:50 PM	Ask	 45.01 	  23100 
  3:55:50 PM	Ask	 45.01 	  20500 
  3:55:46 PM	Ask	 45.01 	  20200 
  3:55:46 PM	Ask	 45.01 	  16700 
  3:55:46 PM	Ask	 45.01 	  17600 
  3:55:46 PM	Ask	 45.01 	  17300 
  3:55:40 PM	Ask	 45.01 	  16700 
  3:55:40 PM	Ask	 45.01 	  18000 
  3:55:40 PM	Ask	 45.01 	  18400 
  3:55:40 PM	Ask	 45.01 	  15800 
  3:55:34 PM	Ask	 45.01 	  15500 
  3:55:32 PM	Ask	 45.01 	  15600 
  3:55:28 PM	Ask	 45.01 	  10000 
  3:55:28 PM	Ask	 45.01 	  10800 
  3:55:28 PM	Ask	 45.01 	  13400 
  3:55:14 PM	Ask	 45.01 	  13500 
  3:55:06 PM	Ask	 45.01 	  13100 
  3:55:04 PM	Ask	 45.01 	  13000 
  3:55:04 PM	Ask	 45.01 	  13400 
  3:55:02 PM	Ask	 45.01 	  13300 
  3:55:02 PM	Ask	 45.01 	  13400 
  3:54:58 PM	Ask	 45.01 	  10900 
  3:54:58 PM	Ask	 45.01 	  11100 
  3:54:58 PM	Ask	 45.01 	  11000 
  3:54:50 PM	Ask	 45.01 	  10400 
  3:54:38 PM	Ask	 45.01 	  11100

We must ask ourselves, who could this possibly be? Well not just anyone can defend a stock in the last 5 minutes of trading from tens of millions pounding at the ask, if this is a short-seller, who could possibly be carrying such a line? The good news here, if this is a short-seller, they will likely cover their line and offer support at a key level as they may be making a smart choice taking NEM short here... it will be fun to see how the bellwether of $GOLD stocks plays out through the ides of March...