Nka's trading todayI like the steady move today with hardly any sellers. Most of the buying today went at the Asks with one guy dumping 60 000 shares at market. I believe he was from TD. Aside from that all buys were those who had to pay at the asks.
This is very positive as if you had wanted to build a position of say over 100 000 shares you couldn't get it sitting at the bid. If the news that is due out is spectacular and one needed to get in for a big lot then watch out as the Asks are very thin and we can see .18 very quickly. I'm long NkA and expect some good news from management.
Gold is well past $1100 so if NKA's management is smart they should release the news this week. Even tomorrow to take advantage of this move in Gold prices.