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Message: Re: volume

Jun 16, 2008 06:43AM
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Jun 16, 2008 07:41AM

GB55, My thoughts on the volume is there may be a lot of smart money on the sideline waiting for KXL to make its move. They are waiting for KXL to prove itself. Whenever KXL starts making its move up they jump onboard thinking this is it. KXL has had a few head fakes lately to the $2.80 range. I suspect the money on the sideline does not want to be left behind and prematurely starts jumping in. This may be just another indication of whats going to happen when we really have some more stellar results. Noone will want to be left behind. They can be trading other stocks, sell and buy in when the volume picks up. Is it smart money$$? I dont really know but I am here and I am long and it has been dead money for 6 months for us. Am looking forward to when the worm turns.


Jun 16, 2008 08:12AM
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