Replies to post #88136 on Golkor Inc (GKOR)

[fidelfoster]

I have a much larger position in SFM* and am currently trying to do the same with KATX. The volume KATX has is outstanding for the share price and mining stock. For long term they are both really good as gold prices are increasing at a record high. What people fail to realize is that when there is anticipation for results and reports the prices drop and the seasoned investor accumulates. Folks who have not done their DD not just in the stock but the market segment start selling but for me I am putting my money here now. I think folks need to look at the JM that make it what happens? The get bought out. I dont see myself selling for pennies $1.50 is going to be very tempting. I think folks should also look at the history of KG* it went from where to where. A little bit of knowledge can make you alot of $$$.
IMHO

[the guru]

Good post,neom!
Ppl in downmarkets run like rats on a wheel in a cage,they exhaust themselves to the limit,but no forward movement!
Imo,the big picture was up till today,the 20.Aug.,that today is an option expiry date,with depreciation on all fronts.
The market has NO direction at all,but we also see HUGE uncertainty in market participants.
Volumes are small in general.
As given before,next Monday ,the heavyweights will enter the market again after vacation,and it will be a different ball-game.
Katx took a beating,indeed,and what i see on the charts is a contracting Bolli-band,with the pps on the lower band,RSI declining into the 30 range,and support @ 0,11.
IMO,I also lean towards the last opportunity to load up the boat concerning gold,and silver explorers and producers,before we enter the months of rising pps for gold and silver stocks.
Katx FUNDAMENTALS did not change at all,even improving with time going forward.
And doing a little math,2 mill.shares represent roughly 240000 Dollars average today....really a non-issue!!!
Glta again!!
Enjoy the weekend!!