Short term buyers are exiting but long term buyers are waiting. Why pay premium price when you know others are eager to sell. I had calls from friends yesterday who are long term believers. They were buying yesterday. Everyone is waiting to see how low the sellers are willing to sell. I pick up some again today at 20c. If I am not careful, I may make it into the top 100 shareholder list. I look back at some of my purchases at 12c a few weeks ago. It was high then. But now, I wish I put my house on it.
KMN Price at posting:
17.3¢ Sentiment: Buy Disclosure: Held