KAT Exploration Inc (KATX)

[Er0ck]

The MMs set the stage for this to happen, some of the day traders just decided to go with that the MMs were giving them and buy early and sell late. The MMs had resistance at the .03 level, but they on purpose had no support till you got to the .0265 level, allowing for a big gap which was just like a big "sell now" sign to the day traders.

But hey, we still finished up very nicely for today, yet another day in the green and this stock continues to roll. I would have loved for us to end up close to .03, but just a week or so ago we were tuching the .0165 levels so this is a nice bounce back off of our new bottom. This stong has proven to be strong with or without news. It's very very healthy.

Today was a good example of how fast it can run up on no news. Just imagine what will happen with major news comes out. If we can increase our volume 10 fold and go up almost a penny on just a normal day with no news or events taking place, think how far we will go on big news like a joint venture or financing! :)