Great post simploz,After the panic selling in last 2 week, KSX...

Great post simploz,

After the panic selling in last 2 week, KSX is heavily oversold. RSI--31.

I believe the panic selling is due to the huge volume on 3rd, may--120million shares changed hands. In following 2 weeks, some impatient holders sold down the SP, just because they fail to the SP appreciation after 3rd, May.

When these sellers out, I think SP will rebound to 1.6--1.9c range soon.

KSX clearly announced: fundmental has changed, milestone achieved, The WheezoMeter? has been cleared for use in Europe (CE Mark), the United States (FDA), and
for patient and professional use in Australia (TGA).

These all happen in last 6 month, now a deal with Omron Healthcare ? one of the world's leading manufacturers and distributors of health care products ? to distribute the Company?s Clinical and Personal WheezoMeters?.

Products commence to flow into Korea market.....India, China, Japan next......

And KSX has been cashed up by recent placement.

No any reason to sell at current SP.

New listing is fantastic in my book, we should expect 200%+ SP based on the news.

good luck!