Nok Airlines Public Company Ltd (NOKPF)

[Smilin_B]

We closed -25% today.

You have to be super nimble in trading NOKPF...gotta be out on the rips and back in on the dips.

I'm thinking the reason why it tanked today was due to all the traders that got in last week. Alot of hype over the weekend caused that gap/pop to .19 yesterday followed by the selldown and nice profitable bounce but ultimate close @.12 in the red. Today we gapped down and that pressured the remaining holders to exit, driving the PPS to .085/share.

I got in the mid & low .09s but chose to bid squat in the .07s in case it lost the lod (which it didnt)

A pretty lackluster session but on decent volume.

Someone is buying all these shares that are being sold and it looks like I will simply be accumulating on the cheap again and holding for the next catalyst which will most likely be financials.

I believe the CEO stated he needed another month from the last July 1st deadline- so we may have another anticipation rally over the next couple of weeks.

Funny thing is...do we even want the NOK.BK shares to be unsuspended in this type of environment with more covid lockdowns and tourism being put on the backburner AGAIN?

Im surprised Thai Airways shares are still hanging in there in the .14s

NOKPF's ran from .03 to the .16s on God only knows what but all i can say is that there is a shit ton of Traders or investors jam packed in here at much higher levels than where we closed today.

Im just elated that I was able to trade this a total of 4 times since last week and am maneuvering around the volatility.

How is everyone else faring?