Guys, I understand it is at 26c but we have all said one way or another that this stock is oversold territory.. look at the RSI... SK networks is up to something for sure, why would they cancel the transaction about 4 weeks after making the commitment? The reason is to jeopardise the price so they can come back at a later date and just eat the company up at a cheap price. Not many Coking coal companies left, why sell it when it is so low? They have funding, tenements, infrastructure. No reason not to own this company. Remember when their is blood on the streets is time to buy, the only people we should be watching is the North Koreans... Maybe SK networks cancelled the deal because they fear what is going on between the north and south? all my opinion, love to hear yours.
COK Price at posting:
27.0¢ Sentiment: LT Buy Disclosure: Held
