NOW (MONDAY) is the time to buy KALY shares! Why?
KALY got into the Marina business earlier this year. Since then, CEO Charles Yawn has made promises and has delivered on every one. They Acquired Wave Marine Services, Florida Marine Power, and a huge boat storage facility, all in Sarasota.
They are now promising to become THE leader in Marine & Yacht lifestyle in the same way Gold's is to fitness, REI is to camping, and Clubcorp is to Golf.
Read my stickied DD with what I believe is a possible forthcoming relationship with Freedom Boat Club.
But...looking at the last week: KALY is up from its bottom of .021 and recently closed at .044 after four consecutive green days.
KALY as a new company has not traded very much since April, with its prior largest trading day at 588k shares. On Friday, a half-day, KALY traded 1.1 million shares. Smart investors are finally stepping up to the plate.
Float is 6.7 million shares!
Two years ago, KALY traded at a high of .77 with NO BUSINESS PLAN.
KALY is a .10-.12 cent stock given what they have now. If they merge with Freedom Boat, which IMHO is a strong possibilty, this is a .50 stock.
Given the increased interest and exposure KALY has received this month, we should see another record day on Monday.
GLTA