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Re: slazenger7 post# 13887

Friday, 09/21/2018 8:49:17 AM

Friday, September 21, 2018 8:49:17 AM

Post# of 29956
Two things wrong with your quote:

"Our calculations result in a 200 day moving average of 0.94 and a 50 day moving average of 0.54. Right now, NAK stock is trading -43.44% below its 200 day moving average and may not be a great opportunity to buy as it may continue to trend down."

Technical charting acts as a guide for buying and selling, but does nothing to indicate if a company is a good or bad candidate to buy, especially if you want to hold it as a core part of your portfolio.

Fundamentals "Trump" technical's in the long run. NAK is very speculative only because of the POLITICAL DANGERS. As a mine, PEBBLE is the WORLD's SUPREME MINE.

"IF" Pebble receives approval and is built, NAK, when comparing it to other similar large mines, and it's number of shares, will go to the $100 dollar range. You, basically, come across such a profit/loss situation, possibly only once in a life time. I'll take those odds.
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  • 6M
  • 1Y
  • 5Y
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