KSX 0.00% 1.5¢ karmelsonix ltd

re:movement

  1. 158 Posts.
    Yes there will be some movement:DOWNWARDS! The TA for 0.012 seems to entirely correct-we are heading there now:buyside weakening with strong selling pressure.The real question is:can it hold 0.012?
    With such a massive amount of ordinary shares,and the issuing of lowly-priced shares to the insiders,it is a matter of gravity:the SP can travel in only one direction.Also,one might speculate that the extraordinary amount of shares and a possible,impending consolidation may have been KSX's strategy from the very beginning.[oh what a cruel world it is!]
    This baby is going to run very hard when it does go:and so,we have certain persons driving down the SP with every trick in the book-so far,they have done a brilliant job.Sadly,those frustrated long-termers have sold for substantial losses.No doubt some feel that the SP may disappear below the 1c-and the way these guys operate-that may indeed happen!
    All these 'fun and games' suggest there is something worth playing for.Hang in there people.


    Cheers to all
 
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