$1.50 party is next on the agenda followed closely by $2 extravaganza, page-9

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bearhype347

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07/06/21

16:04

Post #: 53695684
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Originally posted by jumbie: ↑

Just a quick glance at the charts. $1 was a 43% increase from 70c on 11/5. Not bad.
It has produced higher daily lows almost continually over that period.
Today is an inside day, typical of a consolidation day.
If there is a pullback, it will probably not be <92.5c.
If you look at 19/10/20 there was a similar flutter as the SP hit the 50c resistance. As the month progressed towards the 4/11 launch the SP ran up radically to 92.5c.
So 6 months later - we have KSM s up & running; we are very close to data production; we are 2-3 weeks off the second cluster launch; & we have a better financial scenario.
So if it started last year at 26c, ran to 49.5c & topped out at 92.5c - why would we think that the company today is not worth at least twice what it was on 19/10/20 ?
Sorry GG - I'm pulling my $1.26 sells. I'm you have already relieved some lightweight of their shares anyway.
IMHO of course, so DYOR.

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Thanks Jumbie - well written.

Shareholders who watch what happens every minute of the 6 hr trading day would go crazy especially if they are long term holders. Weekly is enough to get a feeling of what's happening unless you are planning to sell.

KSS Price at posting: 96.5¢ Sentiment: Buy Disclosure: Held
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$1.50 party is next on the agenda followed closely by $2 extravaganza, page-9

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