It is great to see nickel could be shot up so high and so long. $4-$5.30, more than 30% up!
In the market when this kind of rising happens, the people with the chips and wisdom, would think about taking the chips from the table. Could we get the chips away and bank our money?
Yes, if your companies are not delisted. Unfortunately MBN is in delisting. Nickel needs rising more to impress the secured creditors or someone else who would like to put more money for another reconstruction financially.
As little shareholders, you could cheer for nickel up but you have to know before it reaches a tip point, nothing good could happen to MBN. Frankly saying
1. the nickel up rises the probability for MBN to be relisted.
2. the possibility of MBN to be relisted is till little
3. nickel seems in a few of bouncing in the bottom channel even it works hard to reach its limit.
What if nickel crashes down again? Nothing, you could not lose what you have written off. What if nickel rise up more than $6? Think about to congratulate for yourself and lock your capital if no profit could be got.
It is good to cheer for you to get the lost money back but don't cheer too soon and then seen your bare hand again!
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It is great to see nickel could be shot up so high and so long....
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