TopDollar Investing

[scottmba]

Here are my thoughts on KATX. I think that there is potential there, but I've trimmed due to a couple concerns. It is being barely propped up by PR's right now, so there appears to be a ton of overhang. I don't know where from, because there was a technical gap available to .20. But the capital structure changed, and there has been no word as to why there are 463 mm shares out there. Second, he needs to put a couple of these deals on paper. Without the filings, I have to be skeptical. I would love this to run, I have a ton in my IRA, which I won't sell for some time. But the sell the news today did not bode well short term.