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Niko Resources Ltd NKRSF

Niko Resources Ltd is an oil and natural gas exploration and production company.


GREY:NKRSF - Post by User

Bullboard Posts
Comment by monzieon May 31, 2016 6:10pm
155 Views
Post# 24920957

RE:RE:RE:It would be naive ....

RE:RE:RE:It would be naive ....
bigbird456 wrote:
you can have all the volume in the world with nko . as you can see after any nr it only takes a fraction of that volume to bring it back down . pluss surprise most of the pumpers are gone once again. wash rince repeat. they are now waiting for fresh blood to dump on it is crazy. all you have to do is look at the charts call the company jesues. goodday



Why is everyone acting like its a freefall or a pump and dump scheme?  Last time I checked the stock price is still higher than Friday's close (as in the last close before yesterdays news).  Sounds more like people on here are just upset that it didn't have its usual two or three day run up with news and then drop. People were even referring to last months news run up as a pump and dump yet the stock is still up 50% from the close before that NR came out.  That is hardly the definition of a pump and dump or a wash rinse and repeat scenario.  

Not to mention it's not like NKO was trending downwards prior to the news, it was actually very stable for the last month with 8 up days and 8 down days and the rest unchanged.  Heck over the last ten trading days it's had 5 in the green, 2 unchanged and 3 in the red (and that's including todays).  
Bullboard Posts