DOLPHY, I certainly understand your concerns but look at the totality of things. Many read while we were suspended that there would be no buying and no volume. Many read that there would be a absolute collapse of the pps to the triple 0's. That has not happened. For 14 days now since KMAG resumed trading the volume has been there and there have been Green closes signalling there is buying going on. Is it frustrating to be in this situation? YES! But I truly think that the bottom here has been found after the initial selloff on the first day after the resumption of trading. We have held in a range between 003 and 005/6 at times.
I said it the other night in that some that come off a suspension do trade as some of the Posters have posted and that is with no volume day after day. Look at some of the ones that were suspended when KMAG and upon resumption of trading again they have had 0 volume days. The difference here with KMAG is that it was a highly traded and popular "Play" prior to suspension and for that it follows a different path than some insinuate and that is going to no volume. I do not have all the answers but I certainly will post with common sense and a basis behind it verusu just saying a one liner that "We are going to the triple 0's". There is no need for that IMO.
Again as I have said here since trading resumed; lets see how this plays out. To this date those that took that approach are not down any further than had they sold the 1st day of which those people did one would have no shares left. One has no loss until they sell and currently KMAG is holding its ground.
Thanks for reading and the best to all holding KMAG!
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