fallen alot any reasons?, page-8

MOMENTUM
Karoon still has everything it had when it was $11, but unfortunately we hit a perfect storm going in approximate order
1.the share price for stage of development got ahead of itself by a couple of bucks (due to a combination of pumping by hippo and the board followed by sheep (CHARTISTS))jumping aboard
2.capital raising
3.the sa ipo failed (market conditions)
4.chartists (sheep)jump off, stop losses,start momentum in the wrong direction while the rest of the market goes the other way.
5.bob brown becomes defacto president and proceeds to make life difficult even for good citizens
6.the economies of the world begin melt down.
7.peru elects a pres whose reputation is anti mining (Humala seems to be fairly moderate now)
8.little activity except slightly dissapointing 2nd drill in Brazil
9.chartists now in overdrive as they feed on their own momentum with absolutely no regard for facts such as oil and gas that karoon will prove up over the next 12 months.
10.the dow collapsed last night so here we go way down today.
11.Bring on the drilling the sheep will follow $11 this time next year.
not much has changed