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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
Comment by west12on Nov 20, 2014 11:56am
149 Views
Post# 23148099

RE:Dang missed the sell opp at the open!

RE:Dang missed the sell opp at the open!It was a very quick window, THEDUDE...I had to cancel a sell at 9:29 as the bids built in a few seconds.  Waited for +.50 and luckily found a buyer at 4:38.

The way of RKN is that it always gives you opportunities to trade.  I wonder how much the short-sellers were covering today.  I would think that the shortsellers have lopped-off about $1 from the SP in privious 6-12 months.

News of Cash Flow was good....but, as Lucas always says - 'this business model is has quarter over quarter variability....think in 12 month windows'.

JMHO
Bullboard Posts