Nothing has been proven yet. In this current environment obviously the stocks that have risen the hardest will also get hit the hardest. Let's just wait and see how the market pans out and then make judgement on KSXs ability to hold its price above 19c.
If the market recovers soon and KSX remains below placement price then I'd be very concerned. Volumes have dropped off xonsiderably which is a positive sign with the market tanking. It means investors are not dumping unabated and its more likely that short-termers are realsing their gains.
Let's wait and see.
KSX Price at posting:
0.0¢ Sentiment: Buy Disclosure: Not Held
