KAT Exploration Inc (KATX)

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you are correct, he is one of the 3 people on the facebook page who routinely posts how bullish he is. Those same messages were written there. I think it's strange that basically 3 or 4 people are the only posters there...but hey, I am no detective. Just an equity and equity options trader who majored in finance/econ with a mathematics minor.

I don't usually trade penny stocks, (I would actually probably much rather buy a lotto ticket) but the chart intrigued me.

Looking at the daily we are consolidating on top of the 50MA (just barely).

Looking at a longer term weekly chart you can clearly see the 15EMA is holding the stock price down. Until we break through that 15EMA (with volume) no one long this stock is going to see any real profits. If we do however break through the 15EMA than we are going to .06 in my opinion. GLTA playing this thing, IMO you got in too early...but you're not playing this as a trader, you're playing this as a speculative investor. You have to know who you are and what your time frame is.

Once again GLTYA