Reality Check. You have to examine what is taking place closely and thoroughly, instead of superficially, such as just looking at the closing price. Otherwise you will come up with the wrong conclusion.
NAK started the day with normal volume, when all of a sudden it shot up to .59 on high volume, had a short pause, and then on even higher volume, it jumped up to .60, on a total of 1,500,000 shares.
After that, it drifted downward for the rest of the day on normal volume. But because of that high volume surge that led to the multi-month high of .60, the total volume for the day was over two million shares.
That high volume, or more accurately, monster volume, which involved $900,000 WORTH OF BUYING, was done by someone (or group) that was very determined to buy shares of NAK. You don't put that amount of money into play unless you have solid information that something is going to drive the price of the stock higher.
And considering that the stock has only, as you have repeatedly said, gone up by a few cents a day, or even backed up, as it did today, that means that the people weren't worried about it drifting down after they bought their stake in the company, ie waiting for a better price to buy in, because they have information which indicates that the stock is going to jump so much higher that it doesn't matter that they bought in at the stocks', multi-month high of .59-.60.
They will just sit back, and sip their bubbly while they wait for the announcement that will be coming that will drive the stock up to multiple dollars. I say multiple dollars, because they wouldn't consider getting in at .60 unless they knew that they were going to make double that, or more.
Of course, this is just conjecture, but looking at what happened, it makes the most sense.
NAK + MONSTER VOLUME/MONEY = MULTI $$$ STOCK PRICE
Coming your way soon.
News 
Market Data 
Discover 
