Red Man,What is /was expected in this market????For every seller...

Red Man,

What is /was expected in this market????

For every seller there must be a buyer - it certainly isn't Wellington Capital Selling - but they very well could be buying as i don't know of too many investors buying stocks in this market!!!

Some fund or player may need to liquify hence the sale - as many have said you wouldn't sell in this market if you didn't have to - bearing in mind also the closeness to the drilling you would be prepared to wait the market out knowing this if you could??

I know a fellow who purchased a big parcel of shares today - his thougths were ' they either right ( they have resource) or they don't) based on North West Shelf and JV parnter he likes the risk at what he considers near the bottom price???

Time ( very close) will tell Red Man - KAR like all stocks had to get hit - we just lasted a bit longer before we took the fall and no one knows where that ends up - still be buying on the dip red!!