Koil Energy Solutions Inc. (KLNG)

[sleektrader]

I keep seeing all kinds of post on here about different reasons the SP is down right now. There is a simple explanation, there are more shares for sale than people are willing to buy.

Use Jimmy Carter math. If you have 4 bags of peanuts for sale and 5 people wanting to buy bags of peanuts you can demand a higher price. If you have 5 bags of peanuts and only 4 people wanting to buy you either have to sell 5 bags for the price of 4 or try and find a 5th buyer. Of course all this has to be done before the peanuts spoil.

The chart says it all. We are hovering around suppport at .45 to .47 There are 5 bags of DPDW and only 4 buyers out there. I think the company has even addressed this by saying they are in contact with buyers to help absorb this additional float. So technically they are looking for that 5th buyer.

Hope this simple theory doesn't offend anyone. I am a simple fellar and have to think in simple terms.