Bearish
$NAK @bmowis ktuu.com/content/news/State... Im not a short I am a shareholder. But as I said ALL SECTORS IN ALASKA CUTTING MASSIVE SPENDING. $TECK on a hiring freeze, Oil Search cutting 250 million in Spending, $COP halting spending. A single speck of dilution or more bad news will send this thing tumbling to .20s. (yes I would buy in .20s but thats not my aim here). Last time it hit .20s the O/S was at a fraction of what it is now. Sadly NAK is bearish, just look at the other sectors. Its going to be very hard to find any partner at a premium right now with this kind of railroaded AK economy. I work at Red Dog dude, I know what I am talking about here. So glad I walked from my Anchorage house last year.
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