Kentucky Energy (fka QMIN)

[KingofPennies]

Awesome, kdawg. Now that's what I like to hear. And you know what the people on that board will be saying after it peaks and starts it's downward trend? (LOL) So many people get in on these runs and ride them down thinking it'll run again. I admit, I'm guilty of having done that myself. I'm also guilty of not having listened to others making claim why to get out and thinking of them as bashers. We are human and we do learn.

It's just like cell phone batteries. The directions tell us to recharge after they run out of juice. And if they are charged up before running out of juice, it actually destroys the battery little by little causing a reduction in keeping the charge. Just the law of nature at work.

As for QMNM, I think we'll have our day here, too. I'm just sitting on the sidelines looking for the bottom. It could be bottom now for all I know. But, until I see it form a base, the trend is still downward. There are plenty of new "longs" from this last pop that will drop off over time. And others will "average down" to help prop it up some on the way down.

One thing for sure, we saw this past week how nice it does move up once buying comes. That was combined with a lot less selling pressure than it has now. What I'd like to know is if there is anyone out there reading this board that bought on that run around .0018-.0022 that received some kind of penny newsletter or what? It's hard to imagine that the run up was a random freak thing. Insiders maybe? The "family" trying to jump start it? Does anyone here know or have some ideas about it?