Niko Resources Ltd NKRSF

RE:RE:Scotia and Anonymous just killed the asks at 21

[HumbleTheTrader]

Many millionaire traders work off of only reading the tape/level 2 and time and sales, try telling them the changes in bids/asks and price action means nothing LOL, its the basis and source of everything going on in the market and every tehnical indicator is based off of it

Zhantao wrote: None of that means anything, bids/asks change all the time, constantly.    I applaud you for providing us information and trying to pump this (seriously, providing level 2 charts is something you do for us when you don't have to),  but these charts don't seem to mean anything.  because the SP is still where it's at no matter how many times you posted level 2 screen shots over the past while. 

What's really more important isn't how many bids/asks there are at one given minute, but the longer term things (Which I'm sure you agree), such as the arbitration, receiving money from petrobangla (what a bunch of @ssholes), seeing net income on future financial statements, diamond agreement, etc. 

And even though the courts are open today in India (or closed by now due to the time difference) that doesn't mean we should be sitting at the edge of our seats expecting arbitration news right now.  may take a few days or few weeks at least

HumbleTheTrader wrote: There is more at play here than meets the eye

If we take out the wall at 22 the ask is very thin till 25.5



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