Lowman's Penny Ponies (CENTS)

[lowman]

While GDSM finds it's new bottom before it's reversal, methinks KMAG is at it's bottom, and reversal will be "confirmed" on Tues.

When I say "at", I mean that it's highly unlikely it'll go any lower than the chart thus far shows. Bid support was thin second half of Friday, plus, it's having t-trades last few days, and I'm always suspicious of those. Last few mornings have had both painted opens and subsequent sell-downs, so depending on tommorrow morning's action, will determine if the bottom is definately in and the reversal is forthcoming.

I haven't used this board much, but methinks KMAG may be a nice lil' penny pony over the next few months. If the CEO and KMAG team are all they sound to be, maybe even longer.

Of special note though, while KMAG hasn't been extremely volitile, there still exists some. Patient buyers get the best prices.