The company is not buying shares according to more than one communication from Jeff Reid. He is buying the shares. The OS should remain the same but shares will be locked up so the virtual float will be less. The IR mentioned a group called Black Ops not BlackOpsStock so let's leave the guy alone.

There was an email or release from Jeff that mentioned his legal team is investigating manipulation by a group called Black Ops. There is a lot of panic right now as long term investors, like myself, are looking at large declines in our accounts. So far the charts have given better signals than the story. Ideally the charts will suggest prudent entry points for the investor following fuindamentals. That said here is a chart possibility:

Chart for Masterlu
We are just barely under the uptrend channel. If tomorrow's close is lower than today's then the channel is broken and the price could seek lower support (blue lines). That means with volume a double bottom at .0048-.0054, or we could form a inverse head near .0025-.003. The good thing is that volume is decreasing which could ease the downside pressure. If we remain in the channel then last week's mini inverse head and shoulders signaled a reversal and we are on our way up.

Chart. March established a sustainable trend channel which in April broke into a parabolic curve that collapsed. The resulting correction formed a wedge which last week broke to the downside. The rising trend line of March is now resistance which turned the price back on Friday and today creating an upward biased trend channel with the former support as resistance. A few more days of trending upward in this channel will confirm a new uptrend.
If price breaks below this channel it would define a bear flag projecting: 1) formation of a double bottom in the .005 -.006 area, or 2) breaking .005 in a "blood in the streets" capitulation that could test support at .004-.0045 or even .0025.
I bought today and will keep averaging in as my allowance permits because at some point the accumulation of news will be so persuasive that buyers will take control of the price direction.

Chambers, If bits of good news continues to be regularly released, and the organized sellers are in fact gone, I would expect periodic bursts in share price followed by consolidation. Sort of like a stair case. Bill Gates referred to the "killer app" that makes a company take off. If we get a killer contract the stock would jump to a new level. But, the way KMAG is proceeding, a pleasant sloping staircase line from the lower left of the chart to the upper right would suffice.
I hope you catch some big ones... fish that is.

I envy you for getting in so low! I'm in the double down strategy now. After the long ride down, I came to it safe and use every kind of analysis available. You are so correct though, common sense is a good guide at these levels. But I thought that same thing at .02. Now after the "blood in the streets" I am bordering on switching back to common sense analysis.

And you are to be commended and marked for your many level headed posts and wise words. I thoroughly agree with you that an easy sloping trend in price appreciation would be just fine. It is much more sustainable than the parabolic rise we experienced.

I think you are absolutely right from a fundamental perspective. If you buy regularly into a fundamentally sound company, the ups and downs that charts measure are of little concern in the long term. I mentioned previously that I turned to my charting knowledge when the stock started crashing on good news and positive earnings. The shares I bought at .02 were not headed to .05 as I had hoped.
The double top and head and shoulder charts saved me from buying during the downtrend, and now the appearant reversal is suggesting that now is a low risk time to commit larger amounts of funds. Last week I saw statistical indicators that suggested we were going down and any purchases I made would turn negative. This week I am seeing that we are turning around. I am more confident buying large lots today than I was last week.
When we reach .10 all this will be coctail party talk.

Somebody correct me if I am mistaken but I believe you click on the member's name, when the page opens, on the left side click on "follow this member"

Thank you Pile. I appreciate that. A mark for you too out of gratitude. I have no doubt that we are in good shape. Downside volume has declined drastically. If we go up straight from here or make a double bottom is a minor fluctuation compared to our next target which is that double top at .02.

Stl. Hey my friend. The short term reverse head and shoulders pattern had a measuring objective to .0085 which was more than met today. So the afternoon snap back to support at .007 was normal.
In the next couple of days if this new uptrend continues to the .009+ area then the former long term uptrend line (which is now resistance) will be overcome and it is likely a new long term uptrend is in place. (see the chart below)
If that resistance isn't overcome it is possible to drop back to current levels or lower to establish a double bottom.
I bought today on the snapback and am continuing to average in.

A lot of honesty and kindness here tonight. Good fortune to all.

I beg your pardon, I am not running for the hills, but thank you for considering me a good person. I have not been selling nor have I made any recomendations to trade. I have been accumulating and documenting when I was of the opinion it was imprudent to do so.

great king rat,
.005, .004 & .0025 are support lines extrapolated from former resistance that became support during the rise on the left side of the chart. We had a double top in the .02 area and it would be possible to have a double bottom at these levels. If one appears I am going to get all in.

Ha! Martin Zweig's mantra!

Thank you Master. I get a lot out of your posts and respect your viewpoint. I averaged up horribly from .009 and bought a lot at .02. I was hooked on the story. When the price stopped responding to news I started to do some serious charting, which kept me from buying in quantity last week.
Joe Granville put it this way: Technical analysis is merely a measure of past and present mass psychology, and the masses follow predictable patterns.

On the candle chart, the second & third red candles to the right of the double top deleniated the downtrend that formed the wedge. Look at my posts and you will see that I was concerned when that happened. I stopped buying.
The green candle halfway down the downtrend looked like a breakout of the downtrend, but it was not confirmed with rising bottoms, so I didn't buy. In fact that became a "right shoulder" which later told me not to buy until the head and shoulders pattern resolves.
Yesterday and today the candles broke below, snapped back to and continued down from the long term up trend line. So I held off buying until we neared .005 which is a support line as drawn. If we continue down I will buy big time near the next support lines. If we break above the uptrend line near .007 - .008, the downtrend is likely to be completed and I will commit major funds.
The next chart shows a head and shoulders pattern. I mentioned this last week. the top of the right shoulder is a sell signal that was accurate and I held off buying(that was that one green candle). The pattern told me that there was a statistically significant chance that we could go to .005. I mentioned this in previous posts. I held off buying major postions until today around .0054 resisting the temptation to buy in the morning upswing.
For every two technical analysts there are three opinions and many interpretations. I used "Classical Technical Analysis" as taught by Joseph Granville and the tactics I just outlined saved me some money.

These 2 charts have been working for me,

Strong support is at just under .005. That was resistance in March and support in April. The long term trend line at .0072 was cut like butter though, suggesting that the trend has much downward momentum. I am long and a faithful KMAG investor but the head and shoulders chart has been accurate so far.

Chart. Head and shoulders still playing out.

3 charts. 1) The wedge often referred to is within 3 days of it's apex. Breaking to the upside would be a long term buy signal and breaking the up trend line would be a sell.
2) The descending trend channel was broken to the upside last week but failed to confrim a buy signal by establishing rising bottoms and tops. Again we are sitting right on long term support.
3) The head and shoulders pattern is in play. The fan lines projected from rising bottoms of the parabolic rise suggested support points that failed. If .07 breaks the first measuring objective is .004-.005.
Check my former posts, these charts have been accurate prognosticators this week. If the long term support at .007 doesn't hold, a capitulation washout is possible. If .007 holds, resistance is at .008.
I am invested in KMAG and am accumulating.

Chart. I did not enjoy posting the head and shoulders pattern last week, but it seems to be playing out. I am still accumulating.

Chart. The bar chart has the snap back to the downtrend channel still in play. The candlestick chart posted by others doesn't reveal the breakout of the down trend channel but the result is the same, a rising wedge... very bullish if broken to the upside. A couple more days should begin a continuation of the long term uptrend line. Or if we have another big down day breaking the rising trend line, a head and shoulder formation (albeit sloppy) could come into play.

That would do it 777, particularly since downside volume is shrinking suggesting that the sellers are just about finished.

The wedge chart has played out this week and now we must have a bounce. There is technical posibility of a washout down to .006. There is a head and shoulders pattern and we are right on long term support. If the HS pattern plays out there could be a big drop. The blessing is that volume is drying up. But some pretty big buys had better come in soon.
I hate talking this way but here is the chart:

I quote your post potts, "We the management team are buying from the 543,000,000 which as we purchase is reduced as they become restricted and les shares in the marketplace," I think there is some confusion with symantics, but the outcome is that the shares will be out of circulation.
Anyway doesn't a company insider have to file some form of intent to perform an insider transaction before they trade?

Bummed, I just depleted this week's allowance on KMAG. smitter calls this a life changer. I am hoping it will be a wife changer and compell her to raise my allowance!

I did the same for you Gold. I like following your thoughts. Yeah, a nice guitar, Gold Bigsby too. It is one of 20 guitars I have. And KMAG is going to help me get a lot more!
With the buyback rules Jeff is going to have to be one of those dreaded bid whakers! But it's good in the long run.

I live near his home in Newport Beach CA. He is a local hero as his personal life reflected his screen presence. There are great local legends about him.
KMAG is a John Wayne of a company.

I see that he has to buy at the bid or the last. So the purchases may not provide immediate price rise. The benefit is long term and psychological.

All interpretation and conjecture on my part based on an unconfirmed quote. I am ready to see what tomorrow brings. The chart I posted earlier suggests that selling is either over or a couple days from it. I continue to accumulate.

Yes, agreed. They tried to reingage him and he didn't sign up,

I'm reading it as the promotion company approached Jeff and he put them on ignore. So for some unknown motivation they bashed him including accusing him of diluting and toxic debt, which he demonstrated is not the case. I respect the man more than ever for not engaging a promotion company. He self promoted with PR's. Soon all the sellers will be gone and his method of honest hypeless disclosure will win new buyers.

Bravo!!!

That is such a good point t fall. These shakeouts are opportunities. I cringe that I bought some at 2 and held, but that regret is negated by the deals I am getting down here. I'd be brain dead to now see where this is going once all this conspiracy goop is gone.

My regrets about the horses Chambers. I have a horse farm in TN and know what you are going through. By summertime KMAG is going to be easy pouring molassis!

Thanks tungtung. a Classic chart pattern. With all the hubub about manipulation it would be technically feasible for the price to walk down that trend line to .01-.009 for a capitulation shakeout. I hope not but this chart has been accurate since the double top last week. I spent half this week's allowance today and am waiting to hit that long term rising trend channel or to establish some higher bottoms and tops from here. I am not trading this, but accumulating. Good luck to you.

Chart: Breakout of downtrend channel and snapback to downtrend channel. All within a long term uptrend channel. I averaged in again today. "the market will fluctuate."