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Consumer Defensive Education & Training Services

"KGIC Inc is an educational organization based in Canada. The company owns and operates private English as a second language school, career colleges and community colleges in Toronto, Vancouver, and Victoria."

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KGIC Inc > Sunday night Thoughts

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Post by BearishBull01 on Dec 04, 2016 8:18pm

Sunday night Thoughts

This coming week will be very interesting.. But here is some food for thought..
Lets look at a few certian things..

First and foremost.. The news release..
In the broad sense of things.. It wasn't a bad release at all.. In reality.. It shown yet another decrease in losses, and at this pace.. This time next year highly likely at the rate its going to be very profitable..

But its that last bit of news.. The rejection of the offered restructure..

Why add it on a qaurter release.. why not do a formal release about the entire situation..

Well here's a thought.. The release was issued at Aprox 3pm, by 3:10 all outlets shared the release.. and between 3:15-3:45, some people some where triggered a massive fear reaction causing the little retail holders like us to press the panic button and sell with the huge volume thinking its going to plummet to zero.. And it worked, worked very well.. At the same time, some other people bought at the cheapest price this stock will ever be.. .005.. 11 mill plus shares went from scared retail holders to people that might know something very well.. And at Aprox 3:50 a huge bypass trade was utilized to close the gap back to .01 cent..

What does this suggest?.. It suggests a very selected amount of people know something the vast majority dont.. and was able to cause a Fake panic creating a worth of Aprox 150K to switch hands from the fearful to the greedy and a very cheap price..

Now this is all my spectulation.. and again, just Sunday night thoughts..

I could be completely and utterly wrong.. but watching what took place friday in less than 45 mins shows a whole other side of the story.. I would have truly paniced if we saw 11mil shares traded and the price closing south of .005.. but someone decided to close that gap in only 10 mins of trading time..
And that is a game very well played..

I honestly wouldnt be surprised if we end of in the green tomorrow morning with high volume following a news release about a Revised structure deal that will be accpeted ..

Glta

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