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ooo, I could hear shorts' bones start to crack as they're slowly starting to get squeezed.
LET'S SLAP THE ASK AT ONCE!
I'm getting a fake just so I can have a beer with you in Vegas for posting that video
I'm thinking we'll be up tomorrow on shorts covering alone.
I still find it ridiculous that we keep dropping. But I'm not really complaining because this is the opportune time to scoop up more shares
Well do you also think a buy order for $30 should influence the price of the stock by 10%? These are the difficulties with trading on the OTC exchange. Once all these deals get PRed and the revenues start coming in, things are going to be a whole lot different. PATIENCE pays off
I also said patience pays off. I've got nothing but time baby! Even if the CC pr would never get rolled out (which I doubt that would happen since Clear Channel was already contact by investors about it and they told us to stay tuned), Steve said the Clear Channel deal isn't even the biggest iron in the fire. So what could possibly be bigger than a 50 million dollar deal? Beats me but I know it's gonna be huge
My posting privileges have been restored today! I want to share with all of you my take on this. First of all, I really see no point in selling unless you're daytrading this stock. If you are a long and you're selling your shares because you see the stock down day after day, then just sell and get out. Move on to another company. This constant selling is hurting the pps. Also, a big reason why we keep going down is because of the short selling. I believe about 50% of the volume 2 days ago was shorted. ONCE the CC pr and other news start rolling out, all of these shorts are going to be SQUEEZED, causing a major breakout.
Second of all, there is A LOT of potential going on with this company. The acquisition of Punch TV with preferred shares was a great business move by steve. Expected revenue is I think 10-15 million dollars just from advertisements alone. Also, the clear channel deal is worth 50 million dollars and this deal also grants IC Places enormous distribution channels to release their content on. As stated by Steve on facebook, the ClearChannel deal IS NOT the biggest iron in the fire. I know facebook isn't and shouldn't be a credible source, but Steve has yet to let us down by falling short on his word.
I find the fact that we are trading at .016 to be ridiculous! I know things looks messy with this stock, not the company, the stock, but that doesn't mean you should sell your shares! Patience pays off, and I am in this for the long haul. Once IC Places uplists and the real revenue comes in, all of you who sold at a measly penny and a half would be sorry you had done so.
If you are a basher, I encourage you to challenge me on why you think this the comapany, not the stock, is bad.
Hold on, so let me get this straight: the CEO comes out publicly and addresses all the rumors and CLEARLY stated there is no dilution nor is this a pump and dump AND there are MANY things in the works that will be PR'd in about 2-4 weeks and people are selling? What's going on here?
so what's the fact of the matter again?
How do you know there will be big news? Can you direct me to a source?
Can someone explain what's happening?
bounce time, loading the boat here
Hey Hey!! KMAG looking GREAT here. It looks like the chart is bottoming out at .0038-.0004. Any news at this point would send the stock higher. I like the consolidation here. It looks the chart is priming itself for a reversal. RSI is still a bit oversold so right here I think would be a great time to get in for what's about to happen in the near future! KMAG long and strong baby!!!
MACD looking more bullish by the day!
KMAG buy signal
Anyone know when the Q2 financials come out?
anyone know the current shareholders' equity?
I forgot to add that this company has NO DEBT.
I'm more of a fundamental analysis person. When I did my DD this weekend on KMAG, I was surprised that the pps was this low. There is A LOT of potential with this company and their products and patents. Their product saves other companies money. This is a multi billion dollar industry and I could see their patents being worth A LOT of money in the near future. I'm strapped in and holding for a while no matter what because this is company is truly one of a kind. If you are looking to make a quick buck off this stock, go away. This is a LONG TERM investment that will sure pay itself off.
Chart is looking good. It looks like it's forming a base around the .0037-.0041 area. you need to crawl before you can run; patience! KMAG long and strong!
it looks like the daily chart is starting to even out at these levels indicating a bottom. If we get a close at close to .0037, we'll get a doji which is a bullish sign. KMAG long and strong!
And that's the best part about KMAG! Long and Strong!
If not more! The value of the patent alone will be worth a lot in the future. This is a multi billion dollar industry!
yes, if there is a r/s, KMAG would run like forrest gump. Same goes if KMAG gets acquired by a major corporation which would be a valuable addition to any major retailer
Agreed. This is a LONG TERM investment, and one that will sure pay off based on current fundamentals alone. I bought in at .004 today and took a large hit within 30 minutes of my order lol. But I didn't get scared because I'm holding long and strong! I might put in more tomorrow to average down.
lol, what's 3/1000th of a penny when this stock is going to be trading in the pennies, then double pennies, then hopefully the dollars. It will take time for us to get there, but I am confident we will get there. Patience is key!
Holding long and strong
This is definitely something worth holding for a year and longer. This company has a lot of potential behind it. And this company has little to no debt! The patent alone could be 10 times the market cap of this company in the near future. I'm holding long and strong!
After doing my DD, I found that this company is primed to get bought out. And the cool thing is their product is patented so other companys either have to buy their product or buy exlcusive licensing rights.
the mil bid at .004 was mine and it went through
you answered my question like a politician.
So let me get this straight. This company makes security tags that are stitched into the product to prevent shoplifting? Did anyone come across a video or something about how it works?
In my point of view, the "even" was necessary because I always see KMAG on the top 10 read boards. So I wondered" what does this company even do for it to constantly be top 10"
"Im just looking for a summary of this company before I get into hardcore DD"
I want a summary so I know if it's even worth doing a DD
because im looking for investing opportunities and Im just looking for a summary of this company before I get into hardcore DD. Don't worry, I'm not bashing
what does this company even do?
I was on the train today and each stop at every train station, there was a small billboard-like thing with ads on it. On the billboard itself, it said "ClearChannel." Boy, was that a good feeling. I felt good knowing I was part of something big.
I hope you all know that publishing PRs cost money, right? I think CEOs using social media is GREAT, especially for a small caps.
"Great f***ing meeting" was posted by the CEO on twitter. I have a feeling this company has A LOT of irons in the fire!!!