GREY:NKRSF - Post by User
Post by
valueplaysonlyon Aug 03, 2012 4:15pm
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Post# 20182904
no its good news
no its good news The stock is being accumulated. If it runs too fast too far, which it has, it will be a trader's stock. Mgmt owns over 15 million options on this stock. They dont want it to trade up then crater.
4 big drill programs underway.Each one if successful can double the stock price. If the stock moves ahead of the news it will not trade on the real VALUE of the news. The following stocks are being held low for accumulation. PD, NKO. TCW, TDG. WFR in the US also. All of these stocks should be much higher. Big funds can control the flow within a nickel spread if they want to. All they have to do is throw alot of money on the one stock for the time they wish to accumulate it. I was a fund manager, I know about these things. Then one day ,well you have or seen the drill. The stock opens up a dollar higher or more on no news and then it runs up and shorters chase it etc. Management is savvy here. If NKO gets back to 100 our CEO will join the billionaire club. These guys are playing for a controlled move back to 100 in 3 years. They dont want the stock to run to 25 on no news , then they release positive news and the market yawns at it. On days like these when the markets are running, tip your toes too and accumulate these names and buy more on weakness.