well the guys complaining about tv 1 not covering nzo or pike in thier business news your day has arrived,coal prices retreating and nzo and pike shares taking a hit was the headline
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well the guys complaining about tv 1 not covering nzo or pike in thier business news your day has arrived,coal prices retreating and nzo and pike shares taking a hit was the headline
Maybe the general public will notice that there's a figure 2 in front of the price, whereas only a few weeks ago there was a 1!
a single investor can sway a share though,ive often wondered whether sites like this are looked at by people in the big world of influence,afterall its the market that decides the price of a company and we are all part of that market
Most holders will be holding thats why they own the stock not to trade it
Some weeks ago i posted that i thought the price would not really take off until August.I was sure suprised to see it shout to 1-91 and now it has returned to about where it should be given the heavy committments many holders have. Now i am wondering if the price will be forced down to trigger a lot of stop losses. I exercised all my options but arranged monies through the bank and my house sale as i did not want to get in to the margin skid if it should be triggered,and it can even if the fundementals are excellent in the longer term.This company is becoming big money and the big money boys can and usually play dirty. Some consolidation from 1-91 was in order but it now is looking more like a down plan.Remember ACC played a down plan in the last weeks of options trading so this company is attracting these sorts of tactics.
I will be as always focusing on the developments and holding until one year after kupe is producing.Judgment time is then not this intermidiate stuff.That is where the gold is and expect this company to have a fight on its hands to find the owners. Hold tight we are in for some ups and downs.
90% of option had been exercised, only one big brother ACC declared holding a little bit more than 5%. Where have the shares been gone?
Where could you find a similar size of company like this one has about $200M in the bank? (Almost 1/3 of its market share price is cash)
Yes - I guess my comment was from my own myopic point of view - not leveraged here and no margin calls on me.
Now.. I'm concerned. NZO is fine, and I don't are about my long term holds - Don't even care if the NZX 50 goes below 3000 (or did it today? I've been on the move) BUT -- well, I don't know - the whole world situation feels like it into another major league meltdown. No traffic jams in town anymore - why is oil stil high? And two worlds are going to collide over U235 production in Iran. And is there anyone left with the cash or letters of credit when commodity contracts are called? What is the timing for the coming oil price collapse? (Latest article in the New Scientist accepted).
We live in interesting times.