NMGC Play summary:
1. Former $5 Nasdaq stock(2008) with low 10m float.
Currently trading at shell value market cap of about a million.
Float now locked down as of 10/19 and with no other sellers till .04. After several frontloads by a hedge fund this year, it appears there are no large sellers left under $1.
2. Hedge fund on board NMGC since the 09 bottom now frontloading again in January and August 2012. With just 2 months left in the year, the time frame is compressed for a big play by the end of the year.
3. Same hedge fund loading up on related spanish media play(SBSA) just this week($35k on 10/18).
4. NMGC business model changed 10/2/2012 to spanish ecommerce, and road show to investors set up for 11/1/2012. After last recapitalization in October 2009(hedge fund bought $600k shares @ .03/share), NMGC ran for 10 bags
Oct 27, 2009 0.09 0.20 0.09 0.19 647,200 0.19
Oct 26, 2009 0.08 0.11 0.08 0.08 563,300 0.08
Oct 23, 2009 0.06 0.07 0.06 0.07 136,700 0.07
Oct 22, 2009 0.06 0.06 0.06 0.06 56,500 0.06
Oct 21, 2009 0.06 0.06 0.06 0.06 55,100 0.06
Oct 20, 2009 0.06 0.06 0.06 0.06 79,200 0.06
Oct 19, 2009 0.06 0.06 0.04 0.05 129,100 0.05
Oct 16, 2009 0.05 0.06 0.05 0.06 16,500 0.06
Oct 15, 2009 0.03 0.06 0.03 0.05 267,600 0.05
5. Same hedge fund with large NMGC and SBSA stake
was behind WGAT run for 150 bags and DDDC run for 50 bags.
SBSA also recently ran for 7 bags and 20 bags.
6. Due to new related business activity, same hedge fund backing, and need for liquidity, I predict a investor deal at NMGC next month and then a buyout of NMGC by SBSA to allow NMGC shares frontloaded by the hedge fund and new investors loaded in in November to be traded on Nasdaq.
