RE:RE:RE: KNT share pricing - "Art" NOT science so don't bother Not sure what point I am missing, the length of my perspective - short or long, is my business, and whether K92 is or becomes an excellent junior miner is still to be determined . I bought at just over $3 because it looked like a good bet. But everything re stock markets is a gamble, and gold miners, and especially juniors more so.
I also would ask if you have checked it out that no institutionals are selling these past couple weeks? Previously share volume was much higher, probably because of day traders, but starting a couple weeks ago volume has dropped off substantially. GDXj would have been buying in that time as GDXj has gone up 6% since March 30 as of time of writing. Since March 30 K92 is down 8%, so the difference to the rest of the market is substantial, 14%, and makes me very curious.
My biggist regret with holding K92 is that I didn't sell when it cleared ten bucks ($10.58) last year. A wiser investor would have seen that as unsubstainable and sold. And then with patience and optimism, bought back in fall of 2022 for $6.01. Not quite a double but close. And of course with shorting , one could have really cleaned up. Maybe that would be gambling, but it is starting to look to me that buy and hold isn't necessarily the best strategy for K92.
Anyway for now I hold, but remain curious why the share price has disconnected, after being connected for forever, since March 30, from the POG.