KZL 0.00% 12.0¢ kagara ltd

until ioof sells out will keep lid on price, page-19

  1. 781 Posts.
    chart looks bad and it looks like a sell but I agree with you, I cant bring myself to short a stock that as you say was $7.50 and is now 50cents! (i dont have any by the way)

    Its the same with BSL and OST, both over $10 at their highs and now around $3.00, you might sell them and buy them back at $2.70 for a 10% gain but when the market turns, they will go back to their highs, eventually, and there will be multiples of that to be made.

    I suppose its a matter of what you are after, the day traders are happy with a couple of percent here and there (I am when I day trade) but LT investors will be frustrated in the ST but hopefully you will be rewarded in the LT.
 
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