Kodiak Energy, Inc. (KDKN)

[buckster71]

These companies live and die by the PR's these days.

A couple of things I've seen in the short term charts is that OBV is going up over the past month and there have been only buying volume spikes. Some key indicators are still bearish, but I it looks to me like they are getting squeezed tight and the reversal MIGHT be looming closer.

I think that the latest round of dillution sell-offs are coming to an end and there is clear value there at this price, so I agree that only horrible news will cause this thing to tank, but I believe that there is little need for a panick for at least the next couple of quarters.