Wall Street Unplugged - Your Best Source For Finance, Investing & Economics

Ep. 508: Frankly Speaking: NAK's next step

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Sinopse

Welcome back to another episode of Frankly Speaking!   Today I talk about something my subscribers will get very familiar with... Stop-loss orders. This is an investment strategy I will use and strongly recommend for every stock pick in the portfolio. But as you might notice, my recommended stop-loss percentages often vary. Depending on the size of the stock and other technicals, the formula switches.  And this is extremely important for protection purposes. Today I explain why. Moving on... I then talk about a stock that I've been getting tons of emails on - Northern Dynasty (NAK). Just last week the state of Alaska came out with game-changing news surrounding NAK's land-permit. The stock rose 34.1% in one trading day. This is a huge slap in the face for the infamous short-seller Kerrisdale Capital. And I'll explain why. But we cannot forget... Northern Dynasty still has their biggest hurdle ahead. Join me this week as I break-down the recent news, what it means for the company, and how I think investors sho