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Sunday, January 16, 2011 11:15:11 PM
On Friday, the BUYS outnumbered the SELLS by 2:1 !!! I can assure you this was not the case with any of my other stocks.
http://ih.advfn.com/p.php?pid=trades&symbol=KATX
More buying going on than "dumping shares." Who's doing the buying? I have bought all the shares I can afford right now, and I loaded up during this dip period. So did many other longs. Someone or someones are BUYING -- on a Friday before a short trading week -- and I doubt it's all coming from people on this board, many of whom already doubled or tripled their investment weeks ago on the dip (BUY LOW, SELL HIGH).
Yet some of these posters make it sound like we're all doomed. And spend their time on a weekend WHEN THE MARKET IS CLOSED TOMORROW (so no rush here) stirring the pot.
Some seem genuinely to be concerned shareholders. That's OK. Be concerned and hold the company accountable. But don't ignore:
1) More shares being bought than sold, on a Friday before a short trading week and with no news.
2) STRONG, DEDICATED LONGS, plenty of them, not only holding but having expanded their positions in the last 3 weeks.
3) Company did their best to answer some of the shareholder concerns with their 7 Jan PR. Whether you liked the answers or not, there's little doubt the company is listening.
4) A number of websites suddenly mentioning KATX - not paid promoters.
5) Literally dozens of articles flying around across financial news media about increased interest in Canadian resources, central banks buying up gold, and the importance of REEs. Puts ANY company that has anything to do with these subjects square in the limelight.
GO KATX
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