Well my opinion only. If there was any truth to the rumours about brokers and huge announcements on Monday then we would have seen a buying spree Friday afternoon.
Also if KAL did release all this information in one hit, after huge run (if true) then why would anyone stay in the stock? It seems the plan is to keep investors by having yet another announcement due in 2 weeks.
So I am not sure what price we will have next week ! But I do have a target in my head (not for publication lol) and am prepared to wait until all relevant announcements are made or when the s/p reaches my target..whatever comes first. I also plan to sell and re-enter cheaper if the s/p goes over what I believe to be a reasonable level.
The only fact I am sure of is that the s/p will go up!
KAL Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
