Hello Sensei Wolf. KNL has been bogged down for a couple months now. It was a combination of a poorly handled CR, last years options at $0.20 expiring, and Euroz running their aggressive bots so they could pick up a 5% position.
There’s also an “iceberg” at 19c and I have my suspicions another institution might be building a position.
The illiquid nature of KNL means any buy/sell is exaggerated.
Just my thoughts. Anyway, it’s Christmas party time, so enjoy and good luck to all!
MNS has completed their RAP. Where is ours?, page-17
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