Replies to post #43723 on Koil Energy Solutions Inc. (KLNG)

[DOLLARLAND]

I agree, the chart had been on a downtrend for the past 2 months, due primarily to silence from the company as we waited for the mako deal to close. That silent period also allowed a gap to close at 93 cents. Now that the gap has been filled and the mako deal is done, I believe we are beginning to rebound. It hasn't been confirmed yet from a technical perspective, but the fundamentals are so strong that I think all it will take is a few juicy PRs and a nice January effect, and we'll be heading back to new all-time highs. We've already made a nice rebound from 76 cents, and I don't think anyone expects every day to be a green day on the way up, just as long as the trend continues in the right direction. Once we get more volume after the holidays, I think we will see how truly thin it is on the ask.

I am sure some of the fundamentalists and chartists will have a lot more to add here.

Rhino

[xZx]

fringe, i'm a bit confused by your reading of the chart. the "strong downtrend" you speak of ended on december 18th in a huge plume of volume imo. since then the only seller i know of was our very own "tothe" whose clunky bid-whacking with a few minutes to go in thursday's session took a .02 gainer and ended us with a doji. if he had sold just a few hours earlier the price would have recovered, and we'd probably be trading around 1.10... jmho.

http://investorshub.advfn.com/boards/read_msg.asp?message_id=25583430

but this just goes to show how little anything means during light trading. yesterday's volume? less than 50K shares, and during what is arguably the slowest day of the year. so i must ask "strong" what, fringe? you're certainly aware that ultra low volume causes "noise" in a chart. i would suggest you either wait for the new year, and the restoration of normal volume, or just move on and be done with this stock.

remember back in august and sepetember how many TA experts around ihub were saying deep down was finished? "lower highs!" they all cried. "the stock needs to break .94 or it's going to collapse!" well, look what happened next -- a huge run to 2.35.

what pushed it higher then is the same thing that will move it again in 2008 -- this stock is driven by fundamentals and we just went through a period of more than 2 months with no news. do you think something "very sinister" is going on, or instead perhaps management wanted/needed the stock price to cool off for some reason? as it happens, they were in the midst of a deal, and possibly more than one.

let's clear up one more thing: there's a lot of chatter around here about the "great management team", and imo they are quite good at what they do, but if you are a short term trader trying to play every twist and turn in the chart they are not your friend. the only retailers these guys will ever make truly happy are the ones who do the same thing they are doing: load up and hang on for a long, long time.

if you were to call the company about it i can guarantee you the first thing you'd hear is "we believe in building long term shareholder value" and the second thing you'd hear, if you kept complaining, is "if you're not happy you should sell your shares". they really don't care about the short term swings, and this can be a bit disarming when you consider the usual penny stock attitude.

so please don't take this as an affront, but i'm basically applying their consistent attitude to your concerns, fringe. if you're thinking the chart looks weak, if you think they'll continue the same silence on the PR front from late 2007 on into 2008, then please walk away and play something else. good luck to you.