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Beware....
(i don't want it to happen but we've all seen it)
The dreaded 3:50~3:55pm dumping.
C'mon you b@st@rds, I'm ready for you.
-bard
No worries my friend. You invest/play with however
much you are willing to risk. I hate Vegas, but there
is a bit of a "gambler" in me to have my money
in this stock.
...I like the odds, we just have to have patience.
-bard
Bard - I don't have that much, wish I did. But, I can tell you this. . . using Rick-UK's nice little table. . .you woudn't need
to go very for down to make me a happy camper! I'm 61, a little bit would get me on the golf course real soon. GLTY
Yeah, I'm almost out of powder too.
Holding a core position of 120K shares (these I'll
keep long-term)
And have another 50K shares bought after the
BVIG/KATG deadline that I'm thinking of swing
trading / flipping should the opportunity arise.
....looking to buy 20K more when the price is right.
GLTY
bard
Allright Eddie!
GLTY
Today is a very bullish day IMO.
Somebody dumped shares around 10am (I was still asleep)
but buying quickly pushed it up.
If you are FAST - make your move in the
first 30 minutes of trading. And if you have
patience, make another move at the LAST 30 min
of trading.
GLTY
-bard
I'd feel better if someone with DEEP POCKETS came in
and slapped the ask with a 7~8mil buy order. The PPS
should inch up a few points, yeah? ha-ha
-bard
The solution...my friend..is to slap dat ask...I did it...feels good too!!!
Yeah, these prices are a gift.
I'm waiting for 3:30pm to buy.
GLTY
Good points Trader.
I am looking at .12 as key support. If we break
under that with HEAVY volume - then I don't know....maybe
all hell breaks loose then. Ha ha, I seriously doubt we will
have another day like June 14th.
Glad you are LONG again.
bard
Hope you are right Jorge!
...gotta lot of Christmas presents I need to buy
this year. Lol
Yeah, I'm happy the PR's are not being used to "bolster" the
share price.
**they could be if Ken Stead had no integrity and this were just a FLY-BY-NIGHT pump & dump operation (which I believe it to NOT be)
That is the thing I am most thankful about the PR's
-bard
I saw today's news as NEUTRAL.
I know others view it is a good thing. But I would rather a PR come out and say something like:
"We have finished drilling, the results were sent to the lab...and here are our findings. Yada yada yada"
When we have a PR that is sort of "work in progress" - we are currently doing this kind of stuff - it's ok for me not to hear that. I don't need my hand held through every step of the way.
JMO,
bard
Could be a lot people used their powder to get
the BVIG shares. Glad I held back...but powder is
running low. But my spirits are high.
-bard
We don't know why people sell...it could be for all sorts of reasons. Imagine the guys who dumped today. What if they had bought their shares at .01 ~ .06 (or even lower)? And they got tired of waiting and waiting. And everyday that H-U-M-A-N-G-O-U-S profit they had (when the PPS was .25) keeps going down and down. See what I'm getting at?
Do 3 things right now:
1) Do nothing (Hold)
2) Sell & cut your losses
3) Buy more
I did #3
GLTY
-bard
now I understand more why big boys rather invest only on the big board rather then this land
i mean people kept screaming for drilling update
and yet some dropping out
makes no sense to me
who in their right mind would sell at this stage
they have no clue probably what they bought into in the first place
they just liked the letters KATX jumped in and when they saw a PR realease without reading sold
LOL that is th only logical explanation i can come up with
gopher,
You might look into Zecco if costs are your main concern.
Only $4.50 a trade - includes penny stocks like this. The only crappy thing is they do not allow you to short stocks under
$3
...good luck,
bard
I would like to buy more shares tomorrow.
I'm using Sharebuilder and paying a fortune in fees. Is it okay to ask advice here on the
board about which Broker I should change my accounts to? I could really use some help
if any of you have a moment. Thanks.
Umm, no offense, but I'm sure Mr. Gump has much
more important things to do than recommend brokers to beginners, so feel free to pass on my
request. Thanks again guys. G
No worries man, the sky is NOT falling.
Nothing significant happens when volume is less than 5mil.
This looks like the same stock movement that occurred
between Feb ~ May.
GLTA
-bard
"Someone bought nearly $58,000 worth of shares so that means to me that the sky isn't falling and this just might turn around."
I thank whoever sold to me. Picked up 50,000 more
at .135
-bard
Pro,
That might work for you...but for me, I guess I'm kind of CHEAP. I like to buy things on sale or marked down
30% or more. Hell, I'd like to five-finger-discount things
if I could. Unfortunately we have laws against that.
Anyways, she's looking good at .138
Still she looks better at a flat .13
And she's gonna be looking reeeeeeeaaaaally good at .12
if we can get there.
-bard
I see support at .12
JMO.
But yeah, you are right. Buying here or
under is good. A few weeks ago - I would have
killed for this price. See that buy order for
50,000 @ .13? That's me.
Stay STRONG longs.
-bard
"And again, fanatstic buying points."
It's only the last 30min & first 30min
that really count. Trading ought to be closed
from 10am ~ 3:30pm, right? LOL
GLTY
-bard
It will happen...
IMO volume is so light because the traders/flippers
are not playing this. With spreads flattening - there is not much money to be made on .01 >.01 move....
Those BIG WHITE CANDLE DAYS are EVERYONE - us LONGS, flippers, daytraders, whoever and their uncle buying. And it is back to back. It aint just 1 day out of the week.
GLTA
-bard
"Kind of PERPLEXED why volume is so so light
Maybe the simple answer is this share distribution and or
waiting for drilling news????"
Hope you're right U2. Just looking at the last run-up from May to June...see those LONG WHITE CANDLES on the daily chart? That is back to back BUYING on 5+ mil volume. That is serious fuel
Call me old-school but I just need 2 indicators - Price & Volume.
GLTA
-bard
Nice post/observation. Just want to add that
volume needs to pick up for what you say to be true.
Anytime, we reach noon(12pm) with 1 million or less, I know
it's gonna be LIGHT. Need the FUEL for the FIRE.
GLTA
-bard
"...and something big will happen (hopefully somthing like it happen from the beginning of May to the beginning of June)."
I believe you can find this in Biochemist's top post:
"NEWS! UPDATED KATX DD AS OF July 8, 2010"
Look for "New Share Structure Flow Chart"
Hope this helps.
bard
Thanks man.
Yes gump, volume is really LIGHT today.
Really, this is just a throw-away-day IMO.
We differ on whether that is good or bad. I'm sure you see today as negative since there is really NO BUYING, correct?
I see today as POSITIVE/NEUTRAL because there is NO SELLING.
I tried to buy a 100,000 block of shares earlier. It could
only fill about 40,000...so it tells me, the MM's could not allocate the other 60,000. Why would no one want to sell me 60,000 shares at 18.5?
Just my opinion grumpy - oops, I mean gump.
bard
Give it time my friend....and keep some POWDER
just for those down days.
-bard
Sure, if you put in a Market order. Lol.
Yeah, I think you are right.
I sent an order to BUY 100,000 @ 18.5 but could only get
filled 39,924 shares. Waited and waited but they could not
fill the other 60K+ shares.
Oh well....
GLTA
Moving Average Convergence Divergence...
GLTY
Like the first one more. lol.
...gets my vote for KATX t-shirt or Trucker Cap.
-bard
Ha ha, is this our company mascot?
Hope you are right.
Would love to buy more at .16 or lower
FYI - if I were a trader/flipper, I really WOULD NOT CARE
about the BVIG shares/dividends. So I think next week
might see the same kind of DOWN days following an UP day.
JMO.
-bard
Ha ha! I keep telling my mom and friends not to listen
to that guy!
I haven't the skill, but had you bought yesterday 100,000 shares @ .16 ($16,000) and sold at .19 or .195 this morning - that's a cool 3k+ for 2 days work. Not bad and I'm sure there's some on this board that've gotten better results.
GLTA
Er0ck, just want to point out that -
a) What a company does
&
b) What a company's STOCK PRICE does
are NOT THE SAME THING. I'm long and strong on this company but I can see the difference. (B) is much more influenced by PR's right
now than fundamentals IMO. And that is only because KAT is such a young company.
I believe given time, as the company keeps it's course and does the right things the share price will follow.
Dagg,
these could just be flippers/traders who bought at .15/.16 yesterday
and are taking their profits now. Volume nowhere near yesterday.
Since we are both in for the LONG HAUL - who cares a few cents down right?
GLTY
-bard
Anything's possible. All we need is a bunch of PR's and that will most certainly lift us over .25
Last month had 6 or more according to my knowledge:
Do you actually think these HAVE NO EFFECT on the share price?
GLTA
-bard
KAT Exploration and Bella Viaggio, Inc. Updates on Handcamp Geophysics and Drill Project 1:37 p.m. June 29, 2010 - Marketwire
KAT Exploration, Inc. Announces Record Date for OTCBB Share Distribution of Bella Viaggio, Inc. to Shareholders 9:55 a.m. June 25, 2010 - Marketwire
Bella Viaggio and KAT Exploration to Begin Handcamp Drilling on June 28, 2010 9:45 a.m. June 18, 2010 - Marketwire
KAT Exploration Initiates Drilling Program on Rusty Ridge IOCG Property 9:51 a.m. June 16, 2010 - Marketwire
KAT Exploration Signs Three-Year Option Agreement Contract With Vale 10:03 a.m. June 11, 2010 - Marketwire
KAT Exploration, Inc. Distributes 1 to 4 OTCBB Shares of BVIG.OB and Provides Update on Handcamp Drill Project for NI 43-101 Preparation 10:01 a.m. June 8, 2010 - Marketwire
Needs a well-timed PR stating something POSITIVE....kind of like today.
Just MO.
GLTA
This is nice volume....some of the highest in a while.
Still the DOWN DAYS bring out greater volume.
-bard
Date Open High Low Close Volume Adj close*
Jul 2, 2010 0.16 0.16 0.15 0.16 2,327,000 0.16
Jul 1, 2010 0.17 0.18 0.15 0.16 4,087,800 0.16
Jun 30, 2010 0.18 0.19 0.17 0.17 2,181,200 0.17
Jun 29, 2010 0.18 0.18 0.17 0.18 2,289,800 0.18
Jun 28, 2010 0.19 0.20 0.17 0.18 2,806,800 0.18
Jun 25, 2010 0.18 0.20 0.17 0.19 2,191,800 0.19
Jun 24, 2010 0.18 0.18 0.17 0.17 1,611,700 0.17
Jun 23, 2010 0.18 0.19 0.17 0.18 1,608,100 0.18
Jun 22, 2010 0.17 0.20 0.15 0.18 4,801,900 0.18
Jun 21, 2010 0.17 0.19 0.17 0.19 3,419,200 0.19
Jun 18, 2010 0.12 0.18 0.12 0.17 6,363,600 0.17
Jun 17, 2010 0.13 0.13 0.11 0.13 2,897,800 0.13
Jun 16, 2010 0.12 0.15 0.12 0.13 7,380,500 0.13
Jun 15, 2010 0.13 0.14 0.12 0.12 9,108,300 0.12
Jun 14, 2010 0.19 0.19 0.12 0.14 19,989,700 0.14
Jun 11, 2010 0.20 0.20 0.17 0.19 6,858,800 0.19
Jun 10, 2010 0.21 0.21 0.19 0.20 1,391,500 0.20
Jun 9, 2010 0.22 0.23 0.15 0.21 2,564,400 0.21
Jun 8, 2010 0.23 0.23 0.20 0.22 2.99M
Jun 7, 2010 0.21 0.23 0.20 0.23 4.11M
Jun 4, 2010 0.19 0.19 0.18 0.19 1.14M
Jun 3, 2010 0.16 0.19 0.16 0.18 3.04M
Jun 2, 2010 0.21 0.22 0.16 0.17 6.66M
Jun 1, 2010 0.25 0.25 0.18 0.21 8.06M
Glad you are back in....
Wanted to buy today but woke up too late. Lol
I'm real envious of whoever bought at .145
GLTY