If you get into KEM, be careful as the market maker will run
tight stops. Notice how long the lower wicks are in a 10 Min.
chart. He sold into the closed then bought it back.
KEM moved up in reaction to their better than expected report.
Would love to see some consolidation after such a big move
but sometimes momentum takes over.
If you get into KEM,
KEM
Posted by ditch on 28th of Oct 2010 at 04:03 pm
If you get into KEM, be careful as the market maker will run tight stops. Notice how long the lower wicks are in a 10 Min. chart. He sold into the closed then bought it back.
Low volume stocks are hazardous.
Posted by darnelds on 28th of Oct 2010 at 05:12 pm
Low volume stocks are hazardous.
I totally agree about low
Posted by ditch on 28th of Oct 2010 at 05:33 pm
I totally agree about low volume stocks but this stock has huge volume for it today, so I think something is happening with this one.
50 average is 500 K so it did 5 times that today.
KEM
Posted by steve on 28th of Oct 2010 at 05:35 pm
KEM moved up in reaction to their better than expected report. Would love to see some consolidation after such a big move but sometimes momentum takes over.
Those dirty b@stards!
Posted by frtaylor on 28th of Oct 2010 at 04:13 pm
Those dirty b@stards!