I don't see 60% down in my portfolio. I see green. I don't see any value in KNL. I see much more loss to tell you the truth. Not saying that to be nasty. That is how I see it. The problem is the market does not agree with most of the holders here. There is no forward speculation in KNL. Only backwards the way I see it. It's why the sp is at the same price it was 3 years ago and the other one is 200% up in the last three years.
Why hasn't Magnis retreated to its three year low? That is a very good question. As for the run up to $1.12 I believe that just FOMO combined with the Tesla Model 3 news which saw both graphite and lithium stocks make great gains (well except for KNL). Wonder why MNS gained the most out of the advanced graphite stocks? Maybe why it has still held some of those gains where all others have retreated to the three year low in the last 18 months?
The next few months will be very telling for graphite companies.
KNL Price at posting:
15.0¢ Sentiment: Sell Disclosure: Not Held
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