Niocorp Developments Ltd (NB): There was a lot of buying a few weeks ag...

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Re: Gary15 post# 583

Friday, 10/19/2012 8:30:03 PM

Friday, October 19, 2012 8:30:03 PM

There was a lot of buying a few weeks ago. While there is no buying pressure now there is also no selling pressure. This stock is way off the radar and the only people who even are aware we're close to a deal already are invested and probably in the red. Everyone bought it assuming good odds of success in 2012. The nearing of a deal isn't a catalyst for new purchases from longs, that's what got us here to begin with. Now if the CEO says something about how they're reviewing offers then I'd expect some action. Right now I take buying as a sign that a nice offer(s) came in, selling that they didn't, and neither as everyone waiting.

The suspense is killing me.

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