Good summation Apollo. I would add that emotions have little useful function in investing. It is said that the market moves from the effects of greed and fear. That's why we get bubbles and crashes. But wise investing decisions should be independent of emotion and should be based on cold math and detached research. That's how one gets in before the bubble and out before the crash. In April the CEO publicly proclaimed that KMAG is on track and the problems are being resolved. Since then there have been many conversations and correspondences with Jeff Reid from respected members of this forum who have passed on reassurance that progress is being made. Other contributors have revealed KMAG's business presence. Two days this week the trading volume has been 0. It is good to see that all the emotion being vented here is not affecting people's buy and sell decisions. When KMAG spent a half a day at .004, the money exchanged at that level was around $1500. Reports were that the buy orders at that level were for more than .004 and nonetheless were filled at .004. There is no sell off and no selling pressure. We just have a giant trading range between .01 and .004. Emotion aside, we are in the accumulation zone.
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