KMA Global Solutions International (KMAG)

[museman]

OK here come my "if's"
If #1. If we are putting in GTC sell orders above a dollar then those shares are effectively taken out of the float until filled. During a short squeeze the result would be an accelerated up move. Then the purpose of these GTC orders would be to "stick it" to the shorts.
If #2. If the reasoning behind the GTC orders is to take profits during a spike, the execution price should be placed at a reasonable level. There will probably be willing sellers at .25-.35, .45, .60, .1.05 and 1.35. These are previous resistance levels. Once any these levels are met with a declining RSI, MACD, AD and other momentum indicators, a retracement would be expected. Fibonacci calculations would suggest approximately 35%, 50% and 65% retracements after the short covering rally plays out. The astute trader will see when a near term top appears for profit taking, and at what level to get back in.
The first "If" is easy to act upon. Put GTC's well above $1.35, the long term top.
The second "If" requires more studied action and nimble tactics in determining where to place orders.
This analysis is only regarding a short covering rally. The factor of fundamental revenue news is a different element to consider, and a significant element.