TSXV:NKW.H - Post by User
Post by
freedom880on Jul 27, 2007 2:45pm
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Post# 13161989
re:seems as if
re:seems as ifBefore the pp was announced,Naikun closed above 3.50 for 9 consecutive days. Do you think that the street will pay more than what the current price of the placement is?From experience in trading patterns of other stocks I've owned in the past,this seems to be the norm.This stock has run hard and fast.In order for Naikun to move out of this trading range,a catalyst is needed;power purchase agreement with BC hydro.Been wrong before but only time will tell.
Goodluck