KMA Global Solutions International (KMAG)

[museman]

This post is for the couple of people who asked for my perspective from a technical analysis standpoint. I have no pm and do not wish to argue.
The kmag chart is dead. There is not enough volume for predictability other than what I told my friends over a year ago at half a penny that with low volume 000's were an inevitability. There will be no significant predictability until volume increases.
Volume will not increase until interest in the company is generated, and only verifiable facts from the company or official agencies backed by official documents will generate interest beyond insiders and cliques. So all discussion pro or con is hearsay, innuendo and opinion.
My only marginal contribution to the discussion would be in relationship to technical analysis. I stopped posting here amid a harangue that technical analysis doesn't apply to grey market stocks. That is false. Technical analysis is simply a graphic representation of price movement and trading volume where trends can be drawn and targets suggested. Professional traders use computer algorithms to calculate buy and sell signals based on technical analysis. When many such traders follow the same stock a self-fulfilling prophecy can be created as they all trade on the same signals. In the grey market few of these high frequency traders participate therefore the self-fulfilling prophecy element of technical analysis does not apply accurately. But technical analysis does work and has helped me determine buy and sell points on kmag with a sufficient degree of predictability.
The most reliable buy signal would be a breakout and retest of .014 on daily volume above 1mil shares. A sell signal was generated when that level failed and volume ramped down. Currently there can be no signals until there is significant daily volume. All discussion of fundamentals of kmag are pure conjecture without verifiable facts to back statements. Technical analysis works in grey market stocks, but in the case of kmag the technique will not be useful until the volume component becomes measurable.