Niko Resources Ltd NKRSF

INSIDER SELLING - What this says about share price.

[deisman]

Zero, Zip, Nil, Nada!  ..................Today NKO went as high as $0.27 and no insiders (including Disbrow/Haywood were selling.  Also the spread between the Bid/Ask for the notes was $11.55/$14.00 but no-one wants to sell them.  There was only 6 lots ($6000 face value) being offered up for sale and when they do sell it's usually Disbrow on the buying end.  Also as recently as April 15 Disbrow sold over a million shares at $0.173 but he's not selling now.  This appears to be a good sign for the longs and If we see another 50% jump tomorrow will that be enough for the indiders?  only time will tell.  I expect tomorrow will see $0.33 and then it will trend down a bit again until the next anouncement.  They will get near the 100% support from the note holders which will create another pop up.  Higher highs and higher lows for the next while but I can't see it breaking $0.50 until someone shows interest in their assets. Enjoy the ride and DYODD