Replies to post #47670 on Koil Energy Solutions Inc. (KLNG)

[layton]

Agreed. This company is still in the devleopmental stage and is still paying off debt. This stock price got way ahead of it's self which is in great part to the crude oil hype this year. Wow a penny in a great sector! I dont see anything unfolding this month. This is LONG TERM hold.....period. Watching the L2 everyday will give you a stroke.

IMO

[chevdawg18]

Tech, two points i believe you are missing out on:

1. Just because the price is going down, does not mean the big money is not accumluating shares at this level at a steady clip. What it shows is that there was simply more supply than demand.

2. I would disagree with you that big money has already made money on this investment. In my experience, and i have no idea how these institutions "roll" lol, but i would assume few, if any institutions sold on the way up. They are not into taking short term tax gains and "quick flips" on their stocks. They have most likely accumulated everywhere between .50-2.00 and will continue to accumulate in this area, and then most likely sell in 1-10 years as the share price appreciates.

Just my opinion and not into getting into a big arguement, just my thoughts. Like your charting BTW

[mystic krewe]

Tech, you're right, we have not seen the volume indicator yet. That's what we should all be looking out for. Because Doog is also right: this is exactly the environment they buy in. Let the swooping in begin;) Yes, I'll be crying if we sink, but I'll be LMFAO if we rise;)

[doogdilinger]

tech...thnx for your follow up clarity, it's appreciated. But IMO you've made a couple of errors in judgement.

First, the institutional clients that have found their way here don't buy penny stocks to make .50 cents or a dollar per share in a 30 day window lol.

Secondly...the short term outlook is only as rosy as Deep Down Inc's execution phase dictates it's going to be. You can't predict when the next round of game changing results will arrive & whether big money is pushing this at this exact juncture or not is irrelevant to Deep Down's next material developments arriving.

I'm not arguing your points about the long term outlook here but I was questioning your reasons for claiming that if the .75 cent price didn't hold DPDW would endure an even lengthier downtrend because big money wouldn't touch it...& that is IMO an illogical way to view this juncture given the fact that none of us know how close, let alone how frequent the next round of impactful value-driven results may be.

So from here...we'll just have to see what this management team has in store over the short-term & the only thing rosy about the short-term is the simple fact that this management team has been plotting their course for the past couple of years(just over a year as a public company) & more game changing results could arrive at any given time.

best to u

[skyyy]

techisbest ...

What does your TA show regarding today's closing at .70 and the double bottom low of .66 for the day?

How is your long-term uptrend chart ( with various upward channels within ) looking at this point in time ... with today's action and close at .70?

Many thanks in advance.