Hopefully its a really good announcement. There's a lot of bickering on here about which G stock is the best etc etc, who has what to sell.
The market invariably works all that out very quickly, all we are doing is punting on what other punters (of varying levels of knowledge and insight) might do.
But we all need the Dow to stabilize a little, otherwise we all pay the price. If things dont recover by tuesday, KNL will have to pay the price for going into a trading halt, these things always catch up. If the news is average, then they will have to pay for that too.
If however the news is good, then they will benefit. As someone interested in the graphite space in general, im all for good announcements, it adds to the quality of investment being brought to the game.
Im always skeptical of lengthy trading halts following a DOW correction, but we will find out on Tuesday whether its all pork and no fork.
KNL Price at posting:
17.0¢ Sentiment: None Disclosure: Not Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)