What is driving the stock price...its simple..

No such message found

HIGH-GRADE NI-CU-PT-PD-ZN-CR-AU-V-TI DISCOVERIES IN THE "RING OF FIRE"

NI 43-101 Update (September 2012): 11.1 Mt @ 1.68% Ni, 0.87% Cu, 0.89 gpt Pt and 3.09 gpt Pd and 0.18 gpt Au (Proven & Probable Reserves) / 8.9 Mt @ 1.10% Ni, 1.14% Cu, 1.16 gpt Pt and 3.49 gpt Pd and 0.30 gpt Au (Inferred Resource)

Reply New Message

Prev Message Back To Forum Threaded View Next Message

mustangman

Rank: President [?]

Points: 7877 [?]

Votes: 287 Score: 3.4 [?]

Your Vote:

Please Log In to Vote

Did you know? You can earn activity points by filling your profile with information about yourself (what city you live in, your favorite team, blogs etc.)

What is driving the stock price...its simple..

posted on Oct 16, 2007 10:23AM

There are a number of things that are driving the price of NOT right now:

1. No one seems to think it can fail, there is so much optimism

2. There has been hankerings by investment bodies that our upcoming results will be newsworthy at least

3 Speculative trading based on positive results so far, positive news and positive bantering. I don't see any reason any of that should stop soon.

4. We are riding the coattails of not 1 but 2 Financial Post articles within the period of 3 or 4 days. Both of them very positive in their hue.

5. We know what this mine has to offer, we know the management team is excited .... er wet with anticipation is more the phrase.

6 The big investment firms and retirement funds just got their feet wet in the stock after the 5.00 limit was crossed.

7. The herd effect...one investor tells another investor and so on and so on..... you get the point....the snowball effect which we all know can reverse quickly.

8. With reference to Item 7... reversal is NOT likely for a while as there is too much good news that we "probably" haven't heard yet.

9. The end of the month meeting. The annual one...the one that the management use to sell their shareholders and the press is around the corner... we won't see any real letup... at least until after that..depending on what comes from it..

10. The magic 10...we are not stupid investors and we hold our shares which keeps the demand and price solid. The only thing I wish we had was a buy back of shares soon. That would be great..lower the market cap of the company and add value for its shareholders.

We're on a freight train and its already pulling away from the station..the first few miles is straight downhill....as we pick up speed there will be shorts and MM that will be drivin over by our train as we reach even higher 52 week highs.

One thing: I am getting a bit tired of reading posts relating to the area plays and their action today..on the other hand its always nice to have plays in more than one area stock. I understand that MacDonald mines does not have Agoracom handling their promo work. I'm sure they will be reconsidering very soon..