CRK, NOK Over the Weekend

[Zhong Lu + 845]

40% position CRK.  33% NOK.

CRK trading @ bottom of consolidation range (6.7- 7.4).  Worth a swing.  Can baghold if necessary.  I trust Jerry Jones knows what he is doing.  

NOK is too damn cheap.  I understand bad earnings report and dividend cut and worries that it's being outcompeted in 5g, but it has a P/B ratio of 1.2, its RSI was like -4 (small exaggeration as RSIs cannot go negative, but not much of one), it has revenues and profits, and its debt load is small.  I'll buy anything trading in the 3's or below if it's making profits.  

Edited November 15, 2019 by Zhong Lu

[Zhong Lu + 845]

Stopped out of CRK.  Over-trading. Gah.