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Bullboard - Stock Discussion Forum Atikwa Resources Inc. V.ATK

An oil and natural gas company

TSXV:ATK - Post Discussion

Atikwa Resources Inc. > Trading Pattern
View:
Post by jefft66 on Jan 23, 2012 5:11am

Trading Pattern

Big Bid (OVER A MILLION) at 5cents. Someone strongly believes ATK is only worth 5 cents. I am curious of how that someone values this stock. We got so many good things happening in Manitoba, as well as other properties. Manitoba alone is worth more than 5 cents with all the oil reserves being proved. We have been stuck in this trading pattern (5-5.5cents)  for 4 months now with no break out. Does anyone see anything wrong here? Tax loss is over guys. News has been out monthly.
Comment by renoit7 on Jan 23, 2012 7:51am
This stock is an extremely safe bet at 5 cents, and as long as there are people out there who are foolish enough to sell at 5 or 5.5 it won't get too much higher. Plus if you try to search for any news on Atikwa the only results you get are this site, and their website, so there is still no one talking about this company. This is easily a 10 cent stock right now, and even quite a bit higher if ...more  
Comment by bigops on Jan 23, 2012 8:57am
jeff -- a bid at 5 cents does not mean someone thinks it is worth 5 cents...they think it is worth more and want to buy it low and sell higher...if only worth 5 then why buy at 5. There is nothing wrong here other than this is a micro cap in a world that is mostly interested in larger names, not well known and small retail base here. with oil hovvering around 100 we will all do well....i am adding ...more  
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