KSX 0.00% 1.5¢ karmelsonix ltd

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  1. 2,615 Posts.
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    As far as I can see, this is the largest volume in the stock EVER, which is a very positive sign. Notwithstanding this, the dollar volume was only about $800K, which is not alot. This would lead me to conclude that this was only the first day of a multi-day upward move in KSX.

    The close, on record volume, above 6.2 (which was the recent high on 10 Aug. when it closed at 5.9) should mean a pretty quick move to the 8c level.

    Fundamentally, at 8c this stock would IMHO still be VERY cheap.
 
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