NVA 11.4% 19.5¢ nova minerals limited

Are we being short sold to death?

  1. 7,454 Posts.
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    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.


    https://hotcopper.com.au/data/attachments/3916/3916930-9409700f9edf30f447a97d2d021abe6b.jpg

 
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19.5¢
Change
0.020(11.4%)
Mkt cap ! $41.93M
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19.5¢ 19.5¢ 18.8¢ $3.061K 15.79K

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No. Vol. Price($)
1 28397 19.0¢
 

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Price($) Vol. No.
19.5¢ 719 1
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Last trade - 11.38am 03/07/2024 (20 minute delay) ?
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