This week was fruitful for stakeholders and shareholder that adore the risk. Stakeholders that like the risk and the high yields had the possibility to participate in the Newfoundland and Labrador Mineral Resources Review 2010.
At the same time, investors in KAT Exploration, Inc. (PINK:KATX) stock, inspired by the event and making a Resources Review on the company’s shares, started the gains raid.
Yesterday, KATX stock jumped up from the deep bottom, gaining 21.71%. The tripled average volume traded presented unseen since the end of this August interest towards the shares of the company.
KATX closed at $0.074, maybe to restore its better price position and to prove that it still has some potential for speculative gains.[BANNER]
While some stakeholders and shareholders got kindly invited by KAT Exploration, Inc to the company’s exhibit of rocks and core samples during the Newfoundland and Labrador Mineral Resources Review and were analyzing the seen, the others engaged in analyzing the shares’ potential were making up a large shorting volume for KATX stock.
During yesterday’s trading session, 53% of the total trading volume of KATX stock belonged to the shorters. This was 6% more than the shorting volume from the previous trading session.
