Replies to post #3075 on Native American Energy Group Inc. (fka NAGP)

[User-65225]

IMHO HMGP is far from done. People were thinking they missed the boat in the teens too.

A BIG report is due out this week, hence the new all time high IMO.

[lowman]

That's why understanding marketcaps is so valuable. MMs were shorting Hemi like mad, when the cap was under $1M. Now Hemi is up to approx. $16M and MMs lost a load on it.

From what we KNOW about the Williston basin/Bakken formation, and what the value of these leases can be, NVMG's marketcap is still very considerably undervalued, even at $7M -$8M.

MMs just don't realize it, as they didn't either, with Hemi.

The funniest part about it, with Hemi is, once the stock started moving, the MMs kept shorting, thinking they were getting higher prices for their new shorts. They didn't expect to find themselves shorting into a savvy crowd of buyers who weren't going to give those shares back cheaper.