This morning's sell-off was the Margin loans holders selling off stock that had a 0% LVR to rebalance their account after the big drop in the morning.
Many of those traders will be stressed at the moment and NKP makes a good target to rebalance. The stock balanced when it wasn't as bad as predicted.
A good time for other traders to pick up a bargain. If the US reacts poorly tonight, we might get another good chance to pickup some more tomorrow morning.
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