Your right Wilson.I believe 20c a week ago was a number people...

Your right Wilson.

I believe 20c a week ago was a number people felt comfortable selling at once the stock had doubled. Most of us know that KAL should hit 30 on the next ann. and if it gets to 35c people are probably willing to sellout for a decent little profit.

What will be interesting is if KAL produces a great Selene ann. and the 30c mark is broken will people then hold for the JORC in Dec. IMHO if the SP hits 30ish there will be less day-traders (move to something else)and volatility in the SP. Therefore, a good chance those holding stock won't sell at 35c because with the JORC being completed and investors valuing KAL a much higher SP could be possible.

Yes, lots of IFs, BUTs and MAYBEs. However, it is always good to contemplate what might be and thrash out your own trading plan and try and find the holes in it.

***Looks like a few people have sold out at 22 today and trying to get back in at 205.