Stephen Lee is a big fan of Nova Gold, keep in mind some of the biggest hedge funds recently bought, ..George Soros and John paulson ..hang in there for the next two or three years for it to come to fruitation.
What a joke this entire market has become. Look at ABX, GG, NG, Gold Price. S&P at 1500, Apple P/E below 10, Amazon P/E above 3000.
Really wish everyone went out and bought gold and silver, put the bankers out of commission.
Yes, I'm sick and tired of the manipulation that goes on with this stock. It seems as if it goes down two to three times the percentage of gold when it's down. I got in this when "Cramer" recommended it and it's been a battle ever since. These shorts will get theirs....
I sold a few weeks back at $4.92. I only lost a few $. We will never see $10 again and gold is so out of favor now. The only way to make money on NG is to trade it from $4.30 to $4.60 or so. So today would have been a good entry for a quick trade.