RE:Today Simply put there was an over supply of stock being offered yesterday met with a lack of demand. The important 1.70 support held on a closing basis. The K2 news after close should get an early morning bump but the tale will be told after the initial run up whether this very motivated seller reappears to overwhelm buying demand again. I'm trying to build a position so I prefer it as cheap as I can get it...but will see how the chart develops in this important zone.
can one of the longs here remind me if this license was the last pending item to bringing K2 online or were there any additional finishing touches needed on the buildout prior to moving day? - thanks