KZL 0.00% 12.0¢ kagara ltd

is kzl worth buying at these levels?, page-11

  1. asf
    9,888 Posts.
    Then of course, there is CRE, HST, BSM, KMC, and loads of other "crash shares" that didn't recover on the second day. Two of them- BSM and KMC are now in suspension following their massive declines, HST is still negotiating bank covenants, and CRE got taken over for a song. One of the best things I read on HC was the "4 day rule": wait for 4 days and see how it is going then. Of course, for a trade, it could be a goer. Scarey, though.

    An article just out in AFR Street Talk on KZL- should be in tomorrow's hard copy or take a free trial to read it now:


    http://www.afr.com/p/opinion/kagara_posts_loss_founder_flees_OpoJW9VdJiF2W3fp8dFX9J

    Good luck, holders. Nasty losses. Hope it picks up.
 
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