NKP 0.00% 9.9¢ nkwe platinum limited

word from anglo, page-16

  1. 1,627 Posts.
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    AlbertE,

    If the news is 2 weeks away there would be some hint of action in the share price (although I see most of the action will occur about 1 week away).

    Don't have to vigilantly watch this stock ... you can have functions on ComSec, Westpac or Etrade where it will text you will a certain share price is reached.

    NKP has never met a timeline before so I can see this dragging on further than anticipated (as usual). I know Long Term shareholders want the issue to be resolved ASAP and I am sure Genorah and Landau want the same ... but this wanting and having is two complete different scenarios.

    NKP has only proven to make people with a short term trading position (not day trading but up to 2-5 week hold).

    Long Term holders may finally make money if they pull of the deal (full JV and resolution of Anglo/ARM) but figures of $1+ ... may still be very far away. Even at a 100% increase to the current share price that is still 33c.

    I am just being realistic about this stock. Its 7 year ASX history listing is my indication. I never regret missing out on "extra profit". If I had that mentality with CCC, RRS, NKP I would have most likely ended up getting badly burnt today. If I can make a profit that is good enough. Like the pre-suspension period my entry was 17c (did not pick the low) and got out at 26c average (did not pick the high either).
 
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