Replies to post #51458 on Koil Energy Solutions Inc. (KLNG)

[righty]

Words of wisdom, this stock has had some major red flags on it's play for some time now.

Emminent chartists and the confusion their inaccuraccies present are no help when the pps is plummeting like this.

Mind you, looking over the historical level2 day by day, and bouncing it off the 1.5 year chart, one cannot so quickly entirely blame dilution.

The added 19 million shares were not entirely accretive to the companies bottom line but as the year progresses that likely will change.

What we do NOT want to see is more and more shares issued towards non-accretive additions to the company.

In my humble opinion the depressed pps is partly blamed on traders panicing,
but two other factors are imo at work here,
first the stock was heavily accumulated sub quarter,
and the ones doing that are not stupid,
they know when to take the money and run.

Secondly, examine the regsho numbers

 
 Date         Short Interest    Avg. Daily Share Volume  
 Feb 12, 2008 63,473            63,255  
 Jan 15, 2008 88,421            185,484   
 Dec 31, 2007 83,942            371,476   
 Dec 14, 2007 49,816            130,159   
 Nov 30, 2007 30,954            116,301   
 Nov 15, 2007 61,708            115,360   
 Oct 31, 2007 88,882            323,462   
 Oct 15, 2007 26,349            482,434   
 Sep 28, 2007 74,124            330,589   
 Sep 14, 2007 80,511            138,924   
 

notice how the trend of shorts versus percentage of daily volume results during the period of declination in the pps.

overall the trend was showing a major portion of the daily avg volume was being shorted, so much so that now they are shorting more than the daily avg volume.

That is significant! Doesn't answer all the questions but it certainly is not to be ignored.

But hey what do I know, I am just the guy getting hammered by all those chartists for calling this drop all the way back to the two buck level.

As for those who thought I was shorting or had an insider?

Give me a break! lol

Good luck to you all! I will be eyeballing the subquarter zone, if it happens.

[xZx]

argyll, you can suggest we should feel concerned about the increasing volume, but please qualify it as your opinion instead of some fact written in stone. imo there's no way to pull a chart out of a trend like this without increased buying and selling. capitulation doesn't happen with a whimper, and if there is any sort of short position in play that brought us to these levels, covering that short won't be a quiet little moment, either. furthermore, if we have any remaining block trades that were set up for various bidders, perhaps a few more out of market trades, these won't be small transactions. it all adds up to volume. jmho.

[dfall]

Thank you. I have been saying this for the past month and all the "dd specialists" and pumpers jump on me.

it doesn't matter how much awesome DD you can pour out, all that matters is whether or not your on the right side of the trade.

personmarked argyll