"how low you want to trade this ??/" taiwan1, I'm
Post# of 14350
"how low you want to trade this ??/"
taiwan1, I'm totally lost on how you posed this question. Personally, I don't want KMAG to trade below .03, but that just me.
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(someone, please copy and post this 'over there', with highlights and all.)
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IMO, there's only one thing that will cause the pps to go lower than .003: extended silence from JR.
Even his emails to select individuals is enough communication to keep the majority hanging on and buying more (at .003+). So far to date, JR has been pretty good with eventually coming thru with his email 'promises'. No reason to expect him to suddenly change his M.O.
We all know that typically, greysheets stocks have a lousy history and yes, many/most of them end up in the trips, or no bid/buyer. However, the vast majority of us invested in KMAG originally because we saw extremely unusual fundamentals, of which most of us still believe will be exactly what pulls KMAG outta this mess, and actually sets precedence (makes history)(proves many people wrong).
In light of RegSho still showing daily shorting, DESPITE NO MMs TRADING KMAG, explains the continual negative bias. Bonafide shorting is still occuring because some people believe KMAG will fail, and hence, trade lower.