Post by
TaylorB on Feb 26, 2024 12:34pm
Down 20% in three days
This is the biggest drop in K92 in years. There have been a couple big down days of about 10% in the past, but never a 20% drop in 3 days. There may be something wrong with the company besides its terrible production forecast.
Comment by
gone2morrow on Feb 26, 2024 11:48pm
Lots of shares exchanged hands today. More than half of the day's volume was on green candles after the initial dump in the first 2 hours though, so there may be a move to the upside back into 6's soon enough. 6.15 is the new resistance level to watch.
Comment by
4CommonSense on Feb 28, 2024 12:42pm
You have to ask yourself 'what really changed' - the drop in the share price is an over reaction - an opportunity to buy more at prices that are unrealistically low. Day traders are driving the price at this point not the financail institutions or 'smart' money. Take advantage of the low price while it lasts. $8-$10/s!
Comment by
4CommonSense on Mar 06, 2024 12:45pm
yes followed up on the opprtunity with a big buy then a sale for a big gain over a few days --- take advantage of overreactions by the day trading types