Thursday, January 1, 2009
KDSC - a remarkable rally
KDSC surged to new highs early this week after coming under intense accumulation. The stock has seen its value rise from $.0007 to $.012 in the month of December. For anyone holding shares here it has been quite a money making stock.
The question now is how much longer, and how much higher, can this run take KDSC shareholders? After a pull back on the last trading day of the year KDSC should continue higher in the short term, although the volume on the 31st was intense, almost as high as the first big volume day in December. Be wary of continued selling pressure.
But if the seller is done than the stock should resume its run.
The question now is how much longer, and how much higher, can this run take KDSC shareholders? After a pull back on the last trading day of the year KDSC should continue higher in the short term, although the volume on the 31st was intense, almost as high as the first big volume day in December. Be wary of continued selling pressure.
But if the seller is done than the stock should resume its run.
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