I am interested to hear what others think happened last week with KMK.
The week started with heavy buying from Pictet. That buying was met equally with selling from CIBC.
This day of buying was then followed by a sell off.
Then Thursday we get a pretty good volume day and the price increases a little to the 50 day moving average.
Friday we see a little better than average volume and a slight uptick in price.
So what does all this mean?
Are we getting closer to a deal or was this just some posturing by a couple of decent sized investors?
I just wish I could wake up on Monday and read that the stock was halted pending news!!
Chipshot2