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wynns01

05/18/16 12:27 PM

#48526 RE: chessmite #48525

meant to be funny, but the fact that it might be true is what's sad.

The news regarding Kisco wasn't made public, so I doubt new investors were rushing in causing a huge jump in price. More likely IMO is that people on this board got excited and started buying...

dms1

05/18/16 12:55 PM

#48527 RE: chessmite #48525

The run had more to do with the China rumor confirmed from what looked to be a QTMM sponsored Twitter feed. With no follow up on the rumor and the fact that the company has little to do with that feed, that rumor begins to look more and more dicey, so the market resumes the longterm selloff. That selloff will probably continue until/if real news hits.