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Kicking Horse Energy Inc. V.CEX



TSXV:CEX - Post by User

Post by xdmmdx3on Aug 16, 2013 12:04pm
250 Views
Post# 21676381

Not rocket science here...

Not rocket science here...
As I said before, when the placement closed the stock would head upwards.  The only cavaet is that I didn't expect heavy volume like this, but it does make sense I suppose.  Sinc ethe placement was multiples oversold there are many millions of shares that were wanted to be purchased in the placement that instead must go to market to buy them.

Pretty simple math here, expect the mid thirties is my expectation shortly.

Good luck to all,

x
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