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Chinook Energy Inc. Common CNKEF



GREY:CNKEF - Post by User

Comment by Bean_and_Dunnon Sep 13, 2017 1:17pm
73 Views
Post# 26690853

RE:Thought the trading was interesting today

RE:Thought the trading was interesting todayRaymond James is the buyer, Peters and Company is the seller for the latest 40,000 shares.
When you consider that RJ had a great big negative take on Chinook back on Aug 11, 2017 

"Underperform Price Target $0.25"

This is a bit of a retraction. Now of course this could just be a RJ client who is running amok and not official RJ purchasing. Or it could be that RJ has driven the price down as much as it ever imagined that it could. Anyway we will keep watching the previous trades and keep our audience informed. 

Today we also had a pathetic little research note from Pro Trader. It basically said that CKE was a stock with a down, down, down chart. Its 200 day chart was down its 50 day was down.
Wow, and they try to pass this nonsense off as investment advice? 
I think their intent is to shake a few trees to secure a few loose apples.

I bought some today. I am afraid that the price just might start going up. The chart to me says oversold.

B&D
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