Replies to post #70604 on KAT Exploration Inc (KATX)

[jim1234]

you just know with this type of stock you are playing with dynamite trying to time things. Rather have a long position
They would not have that wall st law firm for nothing

[scubastevemd]

Fine with me let something big happen and have them chase it or be left out. They deserve it. I hope there are a ton of shorts at that time also so we blow through .30!

[scubastevemd]

Look at this

20100701|KATX|1724805|4064584|O 42% is short and that is a large amount of the trades and the reason you are seeing this .02 move lately. Notice how they knock it down usually before 1 and then it builds back up but not to the days high. They are playing short and cover daily. Could be some of the MM passing it back and forth to get around the 3 day rule. Selling it down you can be assured is deliberate to cover. JMHO