I was fairly certain this had bottomed at 16c and was very fortunate to have come out of this with a profit trading it between 16c and 19c. But seriously, after holding 16c for so many days and then finally collapsing through it, anyone buying instead of selling the break through support must have more money than sense. I mean how strong a resistance do you think 16c will be now? IMO the chances of profiting from here for the short to medium term are minimal. More likely, this will head towards 10c.
BB....
"Based on volume though. I reckon a lot of new short-sellers have gotten sucked in below 20c. If it moves up a few cents and beyond 20c they're stuffed."
Sucked in? They're up 25%, whose really been sucked in?
"Share price will be worth $5-$6 in 2-3 years. How rich will you be then buying at 15c?"
Currently creating new ALL TIME lows on a daily basis and yet you're calling for a 3900% increase in SP by 2015? If you're so confident why not cut the waiting time by say 99%, completely max yourself out at 15c and sell a lot lot sooner for a mere 100% gain?
KZL Price at posting:
14.5¢ Sentiment: Sell Disclosure: Not Held
