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  • ricky_manz Aug 26, 2012 6:37 PM Flag

    ***Friday's NOK Profit Taking Could Continue Monday***

    IMHO, On Monday, I think that remaining day traders (who did not sell on Friday), who bought NOK shares 5%+ lower, will let go of there shares at bid prices, taking a profit, in early trading. This will cause the price to drop as they unload their shares at the bid prices. I think this will occur for a couple of hours before NOK hits bottom and longs/investors begin buying on the dip. It happens every time there is a big increase in the stock price in a short amount of time.

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