that we'll see more weakness before we see strength again. Today I was looking at a few charts on a scan I run from time to time, and although this seems O/T, bear with me. I found a stock that gapped up significantly, and then went sideways. Instantly, I knew it had been a buy-out by the way the chart looked.

So, next I had a look to see what sector it was, and all that, and what the deal was. It's an oil company, bought out by Shell. Symbol is DDV on the Toronto exchange.

What I want to point out, and how it relates to Kodiak is this: we all know by now the stock market is not fair, and the big fish will ALWAYS know before the little guy when something is going to happen, be it good or bad. They also know how to paint the tape, and so they can draw you in to stock, move it higher, sell at the top and then bring it down again. The reverse is also true, if they want in badly, they will draw it down. They also have lots of time and patience to see their plans through.

Back to my example chart: look at how they brought it down through a significant level of support TWICE within a year. That is the point where most investors cut their losses and move along, when an important floor is broken through. And then look at how the stock rallied after that breach of support. They did it one last time just before the deal was announced, too.

I am hoping that is what we are seeing with recent events here, is an aggressive campaign to shake out all but the most resolute shareholder, and that the patient will reap the rewards down the road.

I know we've got some investors with some "whiskers" here, so I'd be interested in hearing any comments on the matter.

GLTAL