Hi All
I do believe we have seen the beginning and possibly the end of a squeezing of the shorts. It is obvious by the PR, brokerages in Canada are targeted, and I do believe I have heard an underlying theme that there might be some shorting of NUTK for the past couple of years. Today, it seems quite apparent. I wonder if the stock will regroup tomorrow and finish off what they started. This is my first inclination as to what is going on.
My second inclination looks at this as a possible momentum play intitiated by a group. The stock had based out around .04 cents and remained steady, ripe for a group to play a hand at running it a bit. If this is the case, maybe we'll see a little more upside before it falls off. Lebed is top on my list of groups.
My third inclination and least likely is there is inside buying going on. It is possible, the company insiders might be buying some shares in the event of some news event. I don' think so though.
Looking forward to the days ahead. I remain fully invested with more shares than ever. I continue to accumulate.
Doc, for every buy there must be a sell. So when you say the buying is heavier than the selling, that cannot be possible, unless they MM's are selling shares they don't have! hmmmmmmmmm....
I'll check in here from time to time.
Good luck to you all with NUTK! I hope you all make a nice profit one day.
Loof
Kiss a baby, hug a puppy, squeeze the poo outta someone you love! To dance on ones toes is as sweet as a rose.
