Looking ahead!How long do you think K will remain at these levels???
If anyone with a shred of foresite looks at the facts they will see that this stock will probably double before any of the other top gold companies will. This company has just absorbed two other decent gold companies, it has also had to address a few problems in Russia which are close to being corrected. It takes a bit of time to get all these acquistions running smoothly but they will do it! Why?? because they are the underdogs in the pecking order and most underdogs want to get to the top and K looks like it has the essentials to achieve this. The smarts are getting in now, look at the volume of the upticks and look at the volume of the down ticks, there are some smarts who have started aquiring positions and the shorts have probably covered most by now. The smart fund managers need results and they are buying, (would you really buy Barrick or NT,not on your life)and K fits the bill.
This post is certainly not about charts or moving averages, some of the theorists are so confused they might have the charts upside down!! It is just plain old common sense in asessing K's future.
Signed: tutank