Posted On: 10/11/2012 1:50:42 PM
Post# of 14350
jespedd
Thursday, October 11, 2012 1:26:24 PM
Re: None
Post # of 121232
Words of wisdom from a respected trader.
I believe this is especially relevant to KMAG:
"It is always easier to influence a person to sell a stock than it is to buy it, since financial preservation always comes before making profits.
In light of that, the amazingly low KMAG volume is an incredibly strong indicator that the influence to sell simply isn't working.
When 90% of the shareholders are still holding tight (and ADDING), it speaks volumes for those who have thus far sold."
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