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Reckon Ltd T.RKN


Primary Symbol: RKNLF

Reckon Limited is an Australia-based software company that provides software for accountants, bookkeepers, lawyers, small and medium enterprises (SMEs) and personal users. The Company’s divisions include Business Group and Legal Practice Management Group. Business Group provides accounting and payroll software for small to larger sized businesses and personal wealth management software branded as Reckon One, Reckon Mobile and Reckon Accounts Hosted (cloud products), Reckon Accounts Business and Reckon Accounts Personal respectively. The divisions operate predominantly in Australia and New Zealand. Legal Practice Management Group provides practice management software and workflow solutions to legal firms for document scanning and routing, print management and cost recovery solutions under the nQZebraworks brand, with a focus on releasing new cloud practice management products. It operates predominantly in the United States and United Kingdom, with re-sellers in other parts of the world.


OTCPK:RKNLF - Post by User

Bullboard Posts
Post by fruitfly2on Oct 30, 2013 8:07am
183 Views
Post# 21860811

last three trading days

last three trading daysI think we just witnessed the largest 3 day pullback on stock price (in quite some time)...depending on how you calculate it,  it ranges between 6-8%.

as always I support rkn, but i haven't figured out a good exit strategy, as it keeps running up.

so many varibles that will control stock price, the biggest being the q4 release anticpated dec 2...by now i suspect rkn has a good idea of their q4 numbers, and i hope this 3 day decline doesn't have anything to do with  q4.

the question for many of us with good profits is whether to ride through the q4 numbers or jump and take the current profit.

exit strategy is critical.

Bullboard Posts