I Posted The Down PPS Would Be Normal
People, there will be normal volatility in KATX this week. In fact, you may not see a significant investment move until around next Friday.
As before, we are in a time of waiting for key news. Some investors are going to take their money elsewhere and make money on other more volatile stocks.
Also, the Market Makers are going to try and push the price down. They need, in theory, to cover the shorts that occurred Friday and they make their money on the spread.
The activity is NORMAL and expected. Do not read anything more into this than what is logical unless there is verifiable evidence otherwise.
Peace Out - White Cobra