Re: KTEL
Could be a broken Hi-Flyer.
Hi Carl,
Yeah, it's one of those weird cross ones- highflyer turned broken almost overnight.... Actually, I don't think it's broken yet cuz it's way too volatile, and there's the rub.
I really haven't been following KTEL enough to know when to time it, and with volatile beasties like this, timing can be everything. IOW, my own thoughts are that it's definitely a short, but it's important to time it properly so as not to (1) get squeezed, (2) get bought in, or (3)have your margin disappear. For me this would require watching how it trades kinda carefully for a while, checking some charts, etc. I tried to get shares a week or so ago, but all I could get was some ridiculous quantity like 57 shares; ummmm, no thanks. Anyway, right now I don't want to have to baby sit this one.
Anaxagoras |
