Bull camp - obiero & murchr (those that have stuck it out)
Bear camp - many wazuans.
Sentiment - very bearish.
Trade meter - extreme negative sentiment
So far since printing 9/- it has bounced to 13/-
Short selling will make such plays very interesting. In KQ's case, a short squeeze has started, but slowly. Above 15 the short squeeze starts getting stronger legs after breaking down the 12 - 14 resistance forest. At this point a short seller who bought at 10 expecting the price to tank to a set target say 8 is now sitting in losses as price rallies. The short seller panics and takes his losses at 15. If many short sellers cut their losses in a rush the short squeeze gets stronger legs and price vaults causing margin calls. Welcome to high tempo volatility with sizable losses and gains depending on the camp you chose. An example of how short selling would have fried some in this KQ corner.
Thus why I've been fancing trading laggards since they have the higher chance of rallying hard in the coming rotation. And not just any laggards... MSC not yet. KK, KPLC, KQ na NBK team recovery for my picks in 2014.
Interesting that @kausha fancies KK, but bashes KQ as @obiero defends it.
And so the drama continues

$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!