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Re: duelittle2 post# 63017

Wednesday, 06/13/2012 7:36:39 PM

Wednesday, June 13, 2012 7:36:39 PM

Post# of 232508
It's pretty simple, I can think of several reasons. Buyers have been buying on the way down, heavily, at various price plateaus. At .008, .006, .005 and .004. Now we sit in the .003's on the precipice of the .002's and everyone is leery to buy more. Once burned twice shy. KMAG needs to find a bottom and simply churn for a bit.

KMAG is in a struggle with the "consulting", (loosely used), firm MMG with a tawdry reputation that has most probably been shorting heavily and encouraging the same from others from the .02's down. Noxious PR's and insinuations have been emailed to their clientele and other readers working to create doubt and fear. Some abetting posters here have spread the fear here.

You and others have been working heavily today insinuating that there is a good possibility of a growing O/S . Dilution or the rumor thereof always makes for nervous buyers. Did you buy today? Didn't think so.

The CEO hasn't hand held here daily and we all know without that means. The rumor mill cranks up and the latest imagined panic becomes a reality.

Lately this forum is more a soap opera than a discussion board of substance IMO. The discussion is centered on possibilities, not facts.