KSX 0.00% 1.5¢ karmelsonix ltd

buy on rumour sell on fact

  1. 231 Posts.
    What an interesting days of posts...

    After a week of gains (up at least 50% in 10 days) we have one day of sluggish trade... and for that we have speculation on oppies and shares and directors and exercise dates and a myriad of others... someone even mentioned tumbling share price... hmmmm....

    looking closely at the trade today one will notice a concerted effort to touch down the share and at the last moment as well - why else would there be an offer for 14 c at the cross-over... obviously someone(s) is trying to affect the SP - one can only speculate on the reason for this...

    personally this only means another opportunity to pick up stock at a lower level before it is ready for another climb... which I still think is on the cards given the bids at 16 and 16.5c...

    tomorrow is a new day... and given it is a shorter trading week maybe we will see some buying leading into Thursday...

    Good luck to all...
 
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