Kemiao Garment Hldg Group (KMGH)

[Crusader]

Interesting price action today,

but I am still unimpressed with what has happened in the last 5 trading days.

We would like to think that some smart mystery buyer(s) are going to make us rich or at least save our collective ass.

Well maybe that will happen or maybe it will not. Greed and fear are powerful forces that can possess a trader like the devil. It is human nature to be caught up with one or the other, sometimes all within one week or even one hour. Be careful. Have trading rules well thought out and follow them with strict discipline. Otherwise, Ms. Market will hand your head to you and just laugh.

Interesting volume today. It is light and manipulated.

Pray the Bid returns to what it was two weeks ago. There is a stronger low bid today-at the "preferred price or .10 to .11 pps. So, maybe there is light at the end of the tunnel with the Ask holding up stronger than the open.
Pray the Bid becomes more urgent soon.

Otherwise we are just fooling ourselves.

Hope is not a good business plan!