I hope and trust everyone had a great Christmas!
Predictably, Michael is still here. Anyone care to start betting on Michael's presence and his responses? A trader could make a fortune. <gr>
In analyzing his opinions, and giving him the benefit of the doubt (not working with Bruce), he seems to disregard the fundamentals and simply base his predictions on current market analysis--"market is always right" approach.
I personally believe that this is way too narrow and possibly dangerous with any company that is involved in the high stakes exploration and court decision that KRY is in.
Looking back, the share price has often moved 5-20% in a single day. Obviously the market isn't always "right". Also, his constant argument of "Look at the share price" is really misleading because there is so little volume right now. With such a low volume, and a rather large number of declared shorts, whether you belive in a syndicate or not, the price is too easy to manipulate right now--the numbers will look like whatever a few individuals want them to look like.
Anyone who has followed the stock for a year or more can tell that considering all the unknowns and delays, the stock seems remarkably strong and the shares appear to be in the hands of confident long holders.
Also, calling the integrity of the management and board into question is in poor taste. If you don't have the gonads to face the board face-to-face then "stow it"--attacks and accusations without merit are undefendable on this forum and it really shows character weakness.
Sorry for my ramblings...
Pierre, good to hear from a long time lurker. Any thoughts?
RH |
