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Niko Resources Ltd NKRSF

Energy Oil & Gas E&P
Niko Resources Ltd is an oil and natural gas exploration and production company.


GREY:NKRSF - Post by User

Niko Resources Ltd
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Post by deismanon Oct 22, 2013 12:59pm
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Post# 21837803

Pullback

Pullback
Pullback is just due to some profit taking.  It was coming up on the 50 day SMA ($4.35)  and may have to bump it a few times before it breaks through.  Look out when that happens as the 200 is at $6.85 .  Its been up 8 of the past trading days and still has a book value of $12.85 (According to TD Waterhouse)  Hang in there sensible Investors.
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities