BB's Stock Haven

[asdgwest]

KMAG, chart & CD rate

https://picasaweb.google.com/lh/photo/-ZIcuNQTsocv1QC3aVoZBKEJw-QSwTwqwYV0F5sI810?feat=directlink



*If kmag closes over 0.0005 again, 3 days of spinning candles at channel bottom.

*0.0004/0.0005 is the conversion threshold of 66% discounted shares sold by KMAG.

0.0005x0.66=0.00033

If this bid/ask goes to 0.0003/0.0004, 0.0004X0.66=0.00024. Then the creditors who bought the shares with 66% discounted from KMAG will result buying shares more expensive than market bid price. So this is threshold for creditors whoever buys CD from KMAG.

I think this is very good chance to bet the bottom is around here if you have watched till now, it may tick down quickly to 0.0003/0.0004.