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Northern Oil and Gas, Inc. Message Board

  • michaelkosanovichkosanovich michaelkosanovichkosanovich May 1, 2013 8:00 PM Flag

    HERE IS WhY NOG IS GOING DOWN

     

    Seems alotta hedge funds are shorting this stock......and in the process manipulating the true value of nog. They also seem to be aqcuring positions as well. In other words they are bringing in the price while accumulating shares! Ive heard this from Stevie honululu day trader... he is on twitter... He told me at least 5 or 6 hedge funds are getting the shares cheap for a possible election of board seats. Who really knows but this makes sense. Anyways all the other Bakken companies are being sold off as well. Huge oil glut! WTI oil going lower that is also why nog is down gl i will not sell nog till its 17 gl

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NOG
5.46-0.04(-0.73%)Apr 29 4:01 PMEDT