For what it is worth..
posted on
Sep 08, 2008 11:28AM
Creating shareholder wealth by advancing gold projects through the exploration and mine development cycle.
Have been watching the market collapse over the past month or so and it is not only KXL that is falling to ne lows for the year but just about everything else..Just when I think there may be some strentgh in the market and a ray of hope for some recovery..away it goes again to news lows..and it dosen't matter which stock or which sector..If like today we see some strength in the financial sector and see a small uptick..tommorrow the financials will get hit with profit taking..so starved are some players for money they are selling anything on strength..
This is a fine exercise for new investors...See what can happen when the market turns down..
I have seen this before and while each major bear event ,and we are in one now have different ways of ending and the way the market falls can be either quick and brutal and them recover or slow and steady down side taking months..
That is what we are seeing now...and it will continue for some time..maybe a week..maybe a month..no one knows..but eventually it will turn around and historically the ones that have profited from the upturn are the ones that sat it out..on their hands and let the market recover..as it will eventually do..
I'm heading south for a week or so and am going to enjoy myself..Y'all will have to stay and pry on KXL so we can see some upside..
Will check in ocassionally ..between stops and fun..
Stick it out..
We have a good thing here..Don't pray for news ..it is wasted in these market conditions..
Bids are starting to pile up and we should have a stronger close,in the last half hour..
KODIAK EXPLORATION LTD | 3:27:19 PM EDT | ||||||||
Symbol | T | Bid | Ask | Last | Change | Volume | FSI | ||
KXL CA V | + | 1.36 | 1.37 | 1.37 | -0.14 | 233,474 | |||
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Bid Size | 100 | Ask Size | 4 | ||||||
Day High | 1.55 | Day Low | 1.34 | ||||||
Open | 1.55 | Yield | 0.00 | ||||||
52 Week High | 5.04 | 52 Week Low | 0.46 | ||||||
Earn. Per Share | 0.00 | Dividend | 0.00 | ||||||
Price/Earnings | 0 | Ex-Dividend |