Yes KOH it looks like I did. I sold out this morning but I am down $60 for fees. I feel like asking the company to reimburse me for that money. It was like a fake pump and dump in my eyes. The action got me excited for nothing. Now I can see why so many could be trapped here. I would think many have bought higher.
I thought about it last night and like I said the excuse in the response was not very exciting. You must be very careful with these responses. If you can decipher them you are ahead of the pack.
I would love to know what that buying was based on yesterday. They have about $1.5 million left which means they are not spending much money. That is good for the employees. To me it looks like they are sitting on their hands. Maybe there is not much more they can do. Thinking more about it it seems that the graphite is quite ordinary and nobody seems like they are in a rush to provide finance. I think the flake size is also very ordinary but there is something I like about this company.
Maybe it is the small share register but could somebody help me please. If my other graphite stock which
@rocko mentioned has 340 million shares and the value is 7 times KNL do I then say if they only had 170million shares like KNL each one of their shares would be $1.20? That is dilution I suppose but if the mc is so much higher us that a bad thing? This is why I don't understand why is KNL not 30 cents.
I would not call KNL a hopeful like many others with similar cap sizes. It's a bit more than that. It just needs to prove it to me now.
Look, I might have another punt if I see the buy side build again but this time I would like to see something solid before buying.
Thanks for any help.
