KCN 4.43% $1.65 kingsgate consolidated limited.

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  1. 44 Posts.
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    Diminishing returns and increased risk for shorts below this price level ($1.20/share), when these positions cover it will be the impulse that takes us over $2. What it takes is: a) gdxj rebalance or b) large institution(s) take a new/add to a position, or c) NE sale, and these shorts will be stressed...I would be surprised to see them still piling on positions in the $1.05-$1.20 range...gaps @$1.19 - $1.195 and $1.05, the latter is the huge run away gap from Sept 2021...
 
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