RE:RE:Finally a Green Close, More upside is coming! I have enough KNR shares that I will retire if the price goes back to 3-4 dollars haha
On a serious note, except the insiders and their close friends, nobody knows what is going on inside a company but what is for sure that every speculative stock such as KNR would normally undergo several times of up & down movements. Anyone who had bought it in low 0.40 early last year, would have made 1500% return when the stock hit $6. Since then, the low bottom of 0.30-0.40 has moved higher, perhaps around 0.90-1 due to many development such as the introduction of BC, PP at 1.5 and also company's other core business. As a result, the current price of 0.95-1 seems to be the bottom with potential movement toward $3-4 in the next 2-3 months.
For the record, my average has dropped to around 1.35 while it was around mid $3. So, unless the company goes bankrupty period, I feel my current investment is safe.