Love this stock when its irrational price action works in my favor.
I've had 1.47 limit sell in since Oct. 12. It sold on open today, at 1.49, which is .20 up from previous close. This was KBX I'd picked up at 1.44 and 1.19.
Already Kimber is down to 1.33.
This reminds me of a few weeks back when a large block moved at 1.70. The stock had declined big since. Now someone wanted stock badly enough to pay up big at the open, only to have an immediate loss -- significant in terms of percentage -- minutes later.
Strange, indeed.
Drift on down toward 1.20 KBX, where I'm waiting with open arms to do this all over again.
Not that anyone ever will read this, or see fit to post a reply, but it does amuse me.
Thanks. Over and out.