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Gotta love those 500 share purchases.
Maybe they are averaging down....slowly ;)
Thanks for the attempt, Not all was lost, Some will listen and others will scoff and blame everyone but the company..
Cover time? same range for over two hours.
Nice fish Jim.
just picked up 1k shares at 4.93 looking for a little bounce.
someone is dumping, new share holders with 30mil shares?,Idk just seems like it.
Kind of odd to cancel this, Maybe someone can shed some light.
Ken Stead, President/CEO, states, "We have been in negotiations for the past several months in trying to acquire this property and very excited we've closed the deal. However, while we are excited about the Copper/Cobalt content, it's the Gold potential that is most attractive. One drill hole intersected 40 meters of anomalous gold along with one meter averaging 10 grams per ton. A number of recently discovered quartz veins have produced results of 10 grams of gold per ton with the highest reaching as high as 12 oz/ton. These are the kind of properties KAT Exploration is looking for as it continues to move forward and bring real value to its shareholders. KAT Exploration will continue to have interest in obtaining gold, copper, silver and other minerals that would prove to be substantial assets for the company. Multi-mineral ore deposits are where our focus has always been and will remain."
U.S.-Listed China Stocks Decline on Rate Rise:
http://www.bloomberg.com/news/2011-07-06/u-s-listed-chinese-stocks-decline-after-central-bank-raises-interest-rate.html?pid=yhoo
maybe this had something to do with the drop
No doubt, New shares hitting the market?
Wow, what a drop..With 30 mil in shares added what will the new value be?
This could pose problems With KATX ree's prospects.
Huge rare earth deposits found in Pacific: Japan experts
http://www.reuters.com/article/2011/07/04/us-rareearth-japan-idUSTRE76300320110704
Interesting article on banks.
http://www.cnbc.com/id/43593754
Watching what they do with those shares.
Watching what they do with those shares.
Is this back to no bid yet?
Mappo, I have traded KATX seven times sense January, and can tell you another opportunity is getting close...Just trade this man.
GLTY!
Cooky
hitting the .012's now.
I guess we know why, some one was loading up to to hit the bid...or at least it looks that way.
With a 20,50ma bearish cross looming those 1000 share trades were interesting to say the least. GLTA!
575142 @ .014 , gonna be a long day. maybe they need to step it up to 2000 a trade.
1000 share trades stacking up is curious.
Dilution on the way?
"With the Company’s on-going financing
campaign, it is anticipated that the Company can increase its budget requirements
and continue to acquire attractive mineral properties
Sounds like more Dilution is on the way to me, and the other properties didn't pan out like they were expecting so moving on to other prospects.
I think we can agree on the potential these stock have,Me.. I like my charts...saved my butt more than once and also left money on the table more than once..I still continue to grow..Good luck BL..sending a mark your way.
Cooky
Still here ? I thought you had learned your lesson with this pos..GL!
Not just shorty, But also late to rectify A bad situation with tuition, Apollo has implemented new standards as well as others and COCO will have to follow suite and that will impact the overall performance and lead to another round of shorts.
Cooky
Played it today on the drop, Not a bad day but did not expect it rebound as much as it did..Still jumped out on the reversal, just not sure on the market yet..GLTY!
These collages are in real trouble.
Next week is not going to be pretty when the 20 crosses below the 50 again. The symmetrical triangle has now broken to the down side and a retest of the .01 base line on the descending triangle is looking likely... News is needed to break this cycle and it needs to be SOON.
yep!, nice run. thx
5.42, its pulling back now, might dip below
Watching the pullback if it dips below the trend line then i'm out
nice spike today
Bloomberg had an interesting article on " solarcoaster" today, It is a good read on how the shorts have hammered the solar stocks for the last month..
http://www.bloomberg.com/news/2011-06-19/short-sellers-hammer-solarcoaster-as-glut-of-chinese-panels-sinks-prices.html
Took a position today, couldn't help myself :)
Trading range is tight, Would like to see a run to .0165-.017 in the next few days , looking for the breakout on the pattern we have developed before my next entry...Good luck to all here, I hope it breaks the way you want.
Cooky
I was looking at the short covering that is coming on these stocks, these guys have been hammering this for over a month, when this breaks to the up side Its going to spike hard. I stay away from prs trades,I trade tech's ( momentum and trend's short and long) but this gives you a good Idea what is happening here.
Did you catch the article on bloomberg today about solarcoaster.
I will go long on JASO, ldk has a symmetrical triangle almost formed, Mon or Tue will tell the tale there. Monday then.GL