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Re: nowwhat2 post# 25174

Saturday, 09/12/2020 12:26:04 PM

Saturday, September 12, 2020 12:26:04 PM

Post# of 29890
I suppose the question I would ask is whether the charts were able to predict regulatory actions, either anticipating a pending action (resulting in positive or negative price movement), or even predicting the outcome of the action.

If so, what does NAK's pending response potentially mean for price movement? Or the Record of Decision to follow?

I think under normal market conditions, with a company that was already drilling and had decent revenue, using the volumes and the averages to determine buys and sells might be more useful. This stock on the other hand is at the mercy of the regulators, and so is much riskier. At the moment it seems to be entirely dependent on positive news surrounding the pending regulatory action.
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