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0.00% 1.2¢ king river resources limited

In regards to comments about news, and the prospects of I don't...

  1. rgvlee
    151 Posts.
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    06/09/18
    11:01
    Post #: 35443199
    In regards to comments about news, and the prospects of
    I don't believe this has anything to do with news other than possibly the lack of and that causing some impatience with holders
    From what I can see from some of the larger parcels is some larger holders, probably long term holders, jumping ship on what has been a 25% drop over 3 days; fear breeds fear.
    Looking beyond KRC, it is not alone there has been continued downward pressure across the board for a few days
    When the macro factors aren't great investors jump out of the riskier plays. As a spec stock KRC is the latter.
    KRC Price at posting: 5.9¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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