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Agreed, I think everyone including myself just need to realize that there is no chance that JR releases anything before AH Friday unfortunately. On the bright side, I have a hunch that the BB was massive, 80 million+. All JMO and purely speculation.
And as much as I am sure the prior R/Ss have sucked for previous shareholders, the O/S and float are both good for a penny especially.
.0156 for sure
Listen to this man. I got caught in a previous pump. This stock has much potential, but no true value as of right now. You should really not expect big things this year. This is not a bottom play, merely another pump.
Well, this thing still dead in the water, but felt nice to see nearly 300k volume, a small sign of life.
That's a good point, combine Q3 revenues with an audit....oh boy, we may all have a very merry christmas indeed.
He is a very intelligent businessman, no doubt. I have just always been a little skeptical when it comes to all pennys, even great ones like KMAG. I realize that if any of us would sell off simply because of the timing of these releases or because the stock doesn't fly past .05 then maybe we aren't truly "longs." However, every investor, short term or long term, deserves a return on investment even if just an unrealized one. Would we get a 400% gain if our money was in, say, MSFT? Well obviously not, but we also don't stand to lose all of our money in a safe stock like that. Even with how great this stock is, the wrong kind of momentum and manipulation could send it diving to the ground just like thousands before. That kind of risk needs a reward, short term and long term. All jmo.
I would expect something similar as you mentioned in August depending on when that Gemini tag takes affect. If he has been closing deals with that piece of the puzzle, I would expect September sales to be exponentially higher, possibly 100%+
Yeah, that is the sense that I am getting. I just honestly think it would be so much wiser to get them out tomorrow or Thursday. I don't want to see a massive gap up Monday morning with a close of that Tuesday morning. Give the market time to respond right away without taking all weekend. Then come Monday, solidify the Q2 and BB with August Revenue figures and we are flying high and never looking back.
Would be nice to see $.02 first. Really hope Jeff does not wait until Friday to release.
No offense, as i respect TA as much as the next investor, but in KMAGs instance, it is just not nearly as applicable. There is just too much going on that the charts don't account for. The only valuable thing I have been watching is accum/dist. Jmo.
Nothing more going on then some day traders that bought in eod yesterday in hopes of catching news/filings after close. Didn't happen,so they are pulling out to go play the next gamble.
Slightly concerned with this low volume yesterday and today. Between those in the know and those looking to get in before a run, we typically see higher volume before a large run. I am just wondering why there isn't higher anticipation in the market for KMAG this week. I guess I am slightly paranoid as my last venture reported a terrible Q2 which had light volume leading up to the release as well, but ime, it seems that there is some run up leading up to good news typically.
For sure, I am actually more interested in August Revenue figures than in Q2. BB information will be interesting as well, but like you said, the biggest driver would be contract information.
That is fine with me. People take reviewed financial statements for granted, but reviews still offer a level of assurance.
I agree, my only thought for waiting until after Q2 release would be if Q2 was audited in which case it would make sense to wait on releasing August Revenue figures as it packs a far bigger punch when people know for sure these numbers are substantiated. Having said that, I am not expecting Q2 to be audited.
Let's hope not. We want the filing to come on time. Monday would be late, even just barely, but puts a bad tone forward.
What a stock, worth every penny! Funny, I bought in at .008 based solely on hype then 9x my position at .0145 when I actually did the DD on it.
I really hope that he waits and doesn't do it today or next friday after close. Too much going on through the weekend. Would be really nice to see it drop right at open on mon/tue. Really just let things happen, people don't have a chance to think, its just buy buy buy.
Yeah that is a pretty broad accusation without posting anything factual.
I can certainly relate to the frustration, however, I am very thankful for the stupidity as that is what makes the rest of us money. If things were more straight forward and everyone had a level head there wouldn't be room for these ridiculous profits that you have experienced in your investing career. I do admit it is these types of days that further my feelings against the efficient markets theory.
Well Jeff does still have a chance to keep his promise to both emails. Maybe he will release BB w/ Fins, but maybe that release will be tomorrow so the BB results would be out this week. He did release Q1 on the 6th, wouldn't put it past him to do another early release. Merely speculation, not saying this will happen. I am just hoping by close next Friday personally. Hard to focus at work when you are constantly checking back in for the release haha.
He hasn't done anything wrong. He is the CEO of a large company, since when did that equal catering to our needs? Shoot, email a CEO of a company with zero revenues and see if he even takes the time to get back to you. If everything just happened as was allegedly mapped out can you not see the large manipulation that would be able to take place? Just because people are on here posting this email and that email and it isn't coming true means nothing. This is a message board, there are several snakes in the grass that are posting about long and strong while they sell of their entire interest. I am not making any accusations of anyone, but come on, we aren't in 1st grade anymore, the honor system doesn't apply here.
There are several good reasons for waiting on the BB information. Did anyone ever stop and consider maybe the BB is going to be huge in order for Jeff to take majority control along with future issuance to have what would be required for a buy out from a competitor? His biggest mistake thus far has been replying emails to us (if he really even has been and they are not just fictitious).
How so?
Good luck getting in at the .011s, that ship sailed. And subpenny w/out BB numbers? You are crazy. The fact that a stock this good in penny land is not further diluting itself is enough to sustain price alone. The BB would just be icing on the cake. So many people already expect it that it has been partially factored into price. The Quarterly results, as well as audit information and customer and monthly revenue updates are what will sustain and grow the PPs. Even if BB results were phenomenal, we would not see a large run solely based on that.
We just need some volume! September is historically a big month for pennies and stocks in general, hoping for some news.
Looks like they filed yesterday. http://www.otcmarkets.com/otciq/ajax/showFinancialReportById.pdf?id=90006
nothing really happening.
Love to see this low low volume. You can hear the storm coming. This is as low as volume has been since even before the run up in early spring. It is just a waiting game at this point.
Yes, for people who time things correctly there will be profits had by all. But the largest going to the longs. When a stock is truly on the run MMs are not as likely to manipulate as when it is on short runs/stagnant. Stocks tend to move toward true value, despite manipulation. Eventually, if a stock truly is undervalued, such as we believe is the case here, you interest enough longs, including institutional investors once the stock can uplist, that so much of the float is locked up there really isn't much room for the manipulation of MMs.
As long as the stock stays OTC in pennyland, then yes the manipulation will be higher. But don't be confused, they may take advantage of runs, but they certainly cannot control them. If they really could we wouldn't see these 5,000%+ runs that have happened even recently, case in point BBD*. The longs typically hold through the ups and downs and if they picked the right stock, they end positive. The MMs and flippers take their small profits, occasionally large, and get out quickly. Really, those who stand the largest chance of getting screwed are the short term holders. Those who buy in too high and sell out too quickly. Longs bank on true DD and patience. Flippers bank on TA and charts. Short termers just rely on hype and dreams.
I have been a little frustrated as well. Even emailed their IR department (no response of course). But the fact is, this is a strong company with a great service. Just one of these we will have to wait out as much as I don't want to either. There is no liquidity even if we wanted out. I would think in another month or so we will hear something at least.
Well put, not to mention this same person that belittles KMAG worships the beverage company...
That's fine, we will need a lot of buying pressure when the run starts, let them wait, helps us more.
Never believed that kid, tried to add on the "dip" on friday, too bad it never came. Ended up loading up more today at .016. Still cheap to what it will be 2 weeks from now.
So much for buying in on the usual morning dip lol.
Great post! The thing that is so exciting is just on this board, regular posters own close to 150 million shares from my rough guesstimations and that is on the conservative side. If this thing runs, and we coordinate, we could lock this thing up to let it really run and not be so easily manipulated or messed with by the MMs.
Charts looking killer! Here's to a huge month coming up. Bday is the 21st, will either be celebrating with Patron..or Monarch..Jeff gets to choose for me. KMAG
Wouldn't count on it. Friday has continued to be one of our best days each week and tends to always close incredibly strong. I am hoping to buy on the early morning dip, but no chance of us closing below .015. Jmo
Accumulation looking very good for another big run.
I agree with you 100%. Growing a stock and investor confidence revolves around being transparent and substantiating claims. Buyback numbers, audited financials and better communication are what will grow PPS. Quarterly filings will help obviously, but by the themselves, they will absolutely not be what it takes to drive this PPS up especially towards .10 for an uplist.
I was recently invested in MSL*. A company who had 33 mil+ in revenue for the first half of the year. They are rapidly expanding, but the big problem is that their management is completely dishonest, selfish and never communicates with s/h. And that is exactly why the price is still where it is. I'm not saying Jeff is anywhere near that, but I am saying that management will always have the biggest influence over PPS.
The stock is definitely ready to run. If some of these fluffcake PRs can send stocks running 100-600%, a legitimate Q2, especially if audited, along with BB results could certainly send this 1,000%+. Either way, first focus is just break into .02, can't get ahead of ourselves.