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Thursday, March 11, 2010 7:01:07 PM
me:
Dear Ken,
I'm sorry to bother you, but I would like to submit some technical analysis on KATX stock.
http://www.smallcapnetwork.com/Technical-Outlooks-for-CAMP-KATX-and-HBAN/s/article/view/p/mid/2/id/207/
While I'm more than confident with KATX future the present standing of KATX stock is bothering me and some other investors. After all PPS is the face value of the company and I strongly believe that value of the company is much higher than present PPS.
I would like your opinion about present situation.
Respectfully yours,
xxx
Ken:
xxx,
As you must be aware, many shares were purchased by not just few, while below and just above a penny. While KATX present stock price may bother you it bothers us equally. However, there will always be profit takers and no doubt that's what must be happen at present. Like yourself we can only guess, but can see, that while the stock is still very under valued, hopefully most who bought below the .05 range will soon be sold out, in turn help solidify the price above that and a high probability of much higher.
Also keep in mind we brought the PPS all the way from .0015 to where it is now during the winter time of exploration when not much aggressive activity takes place. So lets hope that with spring and summer approaching and field work intensifies the stock price with gain in value and reflect its true value.
K Stead
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