KAR 1.79% $1.38 karoon energy ltd

same old path, page-17

  1. 19,709 Posts.
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    A green close would be nice and could well signal that today's low is the bottom. Just another 30 minutes to wait to see what so sort of close they wish to spin.

    Once the funds come in and farm out occurs, KAR will be back to $6.00 / $6.50 zone.

    The dudes that shorted this were obviously of the opinion that KAR would have to raise funds, now that is no longer an impediment, they will churn away as they have been doing, eventually they will have to close up shop and move on.
 
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$1.38
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