KMA Global Solutions International (KMAG)

[windansea]

The following explanation was posted a few days ago, but I can't find it now.
Between Feb 23 and March 9 KMAG traded between 0.0008 and 0.0027.
During that time a total of 1 Billion 400 million shares were traded. Granted some were flipped etc, but if even 10% of those "cheapos" are still in the hands of the original buyers, that is 140 million shares which had appreciated 2000% when KMAG hit 0.02+ last week.
The bear raid of 4/14 showed all of those people that KMAG was not an impenetrable fortress of wealth. My theory is that it only takes a a few large blocks of those shares being dumped each day to set the tone of trading. These are not "weak hands", but extremely strong hands who do not want to risk losing the fruit their "20 baggers". If KMAG ever gets to $0.40 how many of us latecomers would be looking to sell after a drawdown of 30%? KMAG will just have to tough it out until these "strong hands" are satisfied.
On a more optimistic note. The chart may be forming a "bull flag" which could signal a rise to 0.045 or more after breakout.