I don't think I have ever seen a stock being purposefully driven lower on 'good news' than NVA - It appears that the price is being 'manipulated' - I believe even if infill results are quite good the price will continue to fall- someone is selling of SH's short and making a killing at our expense. Who is the question? Large SH's, merchant banks, others? I am beginning to think that news associated with NVA is more propaganda to underpin rumours to help short sellers do their thing. Time will tell.I think even Snow Lake has befallen to a similar strategy. If NVA continues to fall and fall and fall over time on 'good results' then it may be time for ASIC ( and other agencies) to have a real close look? At the moment things don't add up - something smells!
Short selling is an investing technique that seeks to profit from the decline in a security's value. In essence, short selling represents the opposite strategy of traditional capital gains investing. When an investor short sells a stock, that stock is actually lent to the investor by a broker.
- Forums
- ASX - By Stock
- NVA
- Are we being short sold to death?
Are we being short sold to death?
-
- There are more pages in this discussion • 5 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add NVA (ASX) to my watchlist
(20min delay)
|
|||||
Last
15.5¢ |
Change
-0.005(3.13%) |
Mkt cap ! $37.75M |
Open | High | Low | Value | Volume |
16.0¢ | 16.0¢ | 15.5¢ | $40.87K | 259.8K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 9512 | 15.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
16.0¢ | 24100 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 9512 | 0.155 |
4 | 93646 | 0.150 |
1 | 8000 | 0.145 |
4 | 107078 | 0.140 |
3 | 182000 | 0.135 |
Price($) | Vol. | No. |
---|---|---|
0.165 | 100000 | 1 |
0.170 | 10000 | 1 |
0.175 | 10000 | 1 |
0.180 | 26701 | 2 |
0.185 | 555 | 1 |
Last trade - 16.10pm 23/08/2024 (20 minute delay) ? |
Featured News
NVA (ASX) Chart |
The Watchlist
SER
STRATEGIC ENERGY RESOURCES LIMITED
David DeTata, Managing Director
David DeTata
Managing Director
SPONSORED BY The Market Online