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Yup,that's what did it, their cash reserves that they have left,and higher cost across the board on just about everything,and that burn rate, all = offering sitting on the shelf most likely some where.
The earnings report was not bad but the conference call did it in
On the daily it's a total pump and dump job, after not delivering on the earnings conference call what was needed to keep it pumped,that cash and burn situation was a big red flag, that the pump had no business of going as far as it did.
Is that what they call a pump and dump ? By chance
Bingo a man with brains
They can hit the market any time with an ugly offering below $0.25 and that will suck the last of the hot air out of it, those who think they are bottom fishing off today's lows, are most likely being foolish,and playing Russian roulette, and end up being sorry they played that fake bounce game.
25 in the ball park then the dreaded rs
Me thinks you just go with the flow in other words you don’t no what your talking about .
Yeah .25 in the ballpark, I’d add here but just don’t think it’s done falling.
For me .25 support, resistance .35 - .40.
KULR daily chart
The news out on $XPON this morning might be considered a threat to $KELR market with the other company a much bigger one, they put out real positive lithium battery heat control technology news out,and could be why their is more sellside pressure probably coming from the bigger institutional fund holders unloading their. positions
More sellers lining up with size on the offer then buyers on the bid, looking more and more like a grind down to the $0.30's, manipulator MM's playing games trying to keep puts from paying out what they should be with their corrupt manipulation, once the dirtbags get what they what,they just might pull bids and create another rug pull.
Add .40’s?? Quick drop into .30’s I doubt it
So looking at the chart, what’s the next line of support and resistance?
So looking at the chart, what’s the next line of support and resistance?
New base .50….. old base 2 weeks ago .10
I’ll take percentage gain every 2 weeks
I don’t think so unless they come out with a pr
Might’ve missed the bottom
And the red drip continues drip drip drip
Do I think they have good products,yes they do have that, but they have just lost a lot of trust from investors after this report, of how they lack control over their finances, increased outstanding shares, many were talking very negative about them on X since that report,with many saying they were walking away for now,and why it dropped from the recent $0.85 to today's low of $0.46, that's cut in half, thats on them for that.
All good hero we appreciate your opinion
If you had a clue you would have sold after that report,that' was right in your face how low their cash reserves are, and what they are burning through every quarter,and have the common sense to figure out for yourself that they are going to need to finance themselves some how, and probably with a well below market price offering,if it does happen you will be choking on your little sister Halloween candy.
If you had a clue I’d engage but that post littoral gibberish that’s trying to sound smart because it has financial terms and numbers…..
By the way… when did you sell your teen to low .20’s shares ?
Next round should be more significant daytrader
Good deal ! You get it back down to .25 and I’ll add 10,000 share
This is a marathon not a sprint… big boy pants only here.
They are still burning through cash like a bunch of drunken sailors, they increased their outstanding shares in a real sneaky way about it, their earnings are far from stopping the cash burn and bleeding, they will be forced into doing offerings,and dilute the crap out of share holders,perhaps you are working with them on an offering,and,the stock should be downgraded to a risk hold,with a $0.25 PT,the earnings call was a big let down,and why the stock has been getting dumped like it should be, the public has lost trust in them,and the dumping wont be stopping, everyone wants out before they get wacked by some BS offering in the many millions probably below $0.20,was not a good idea for the knuckle head at Benchmark telling the public its worth a buck today, with that kind of overhang over it, high dilution risks,shouldn't be pumped.
It's looking more and more it's setting up for a bigger dump to $0.35. range. after dropping below the 8 and 21 EMA and the past ten days support $0.55.
Multiple ways economically and market wise.
Should be a boon to kulr in the long run with all their military testing contracts
Its time the Iranian people get their country back from the ayatollah and that fanatical regime
Egypt Saudi Arabia Jordan Kuwait etc etc are all silently cheering for Israel to wipe them out and restore common sense to the entire Middle East
Start thinking how a Middle East war is going to affect life.
Nice play !
I’d said .50’s but I’ll take .40’s
Come to Pappa
Just one addition lol ! Not an entire new board of directors….
Clearly stated in the PR
That was a pretty solid one day drop but I see green today
What’s this got to do with the price of donuts 🍩?
Stock was up over 325% from .10 two weeks ago, this is normal retracement
Give me some 40’s and I’m adding
Didn’t pull the trigger in the 60’s or 70’s for this reason
FBI opens criminal probe into Francis Scott Key bridge collapse
https://www.foxnews.com/us/fbi-opens-criminal-probe-baltimore-bridge-collapse-ap-source
This is a marathon people not a sprint
Of course, there’s different kind of traders in the marketplace
It’s obvious the push to .90 was Daytraders. I’d say the last .30 easy from .60 to .90
( not that long term people didn’t buy above .60 just all the momentum was daytraders )
Looks like a good week to add, let’s see where she bounces around too
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