Wednesday, March 09, 2011 7:46:43 PM
No big mistery here.Short sellers have to bash the stock to create fear to try and drive the stock down to cover. If the naysayers didn't have a goal in mind, they would go to another stock and wouldn't be on this board to begin with.
I've said it before- GM doesn't have a product, or Ford either-in the context of "having a product" is being used here. Those car manufactures are nothing more than assembly plants to distribute a finished product made from parts that come from everywhere but the plant.
KNKT will have a product assembled from parts made in China and will distribute the products to world markets. There is competition in everything. That is not a bad thing. There are like-products in other markets such as watches, cars,phones,shoes, etc.
I remember a cheap watch called a Timex. It was sure to fail because of Bulova. Bulova would sure go out of business because of Seiko. Well, guess what? They are all still here aren't they?
Let the short sellers play their games and when the press releases come out on explosive distribution, watch them run like ants to cover their positions. Run they will.
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