Buckey John
In regards to NGQ,V , it will all depend what the agenda of the insiders happens to be. They have called the shots with this stock so far ,and they will continue to do so. I have a feeling that there are people who are short and they are being given time to cover. By all accounts ,it should of continued to fall below $.50 , but all of a sudden it developed some major bids , just when they were needed. I've seen a few stocks act like this in the past , after coming off long halts , and they all seemed to drop and sit a while , as certain groups were rumoured to be covering. With this stock who knows, but this company certainly doesn't seem to be too worried about it, for they sure haven't tried to ease the drop. I guess if we were really smart ,we would all buy all the MMi that we could.
Best Regards Duane Crooks |