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Royal Nickel Corp. RNKLF



GREY:RNKLF - Post by User

Post by TradeLong77on Oct 24, 2018 2:17pm
145 Views
Post# 28865416

Market Moves Affect RNX Too.

Market Moves Affect RNX Too.The TSX is being hammered again today. Some people seem to think that RNX is trading in a vacuum but that isn't the case. I've held this stock for many years and they've had incredibly bad luck, in that every time they've reported positive news and the stock rose, soon after that the general market would start getting clobbered every day, driving the price right back down. Right now this is happening again, but with the company having such bright prospects and in a good financial position, the share price is holding up reasonably well. Once the general market turns around this pressure on RNX will disappear.
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