InvestorsHub Logo
Followers 31
Posts 3581
Boards Moderated 0
Alias Born 05/15/2010

Re: tradersrule post# 85793

Thursday, 08/12/2010 1:28:01 AM

Thursday, August 12, 2010 1:28:01 AM

Post# of 233166
I do believe that Handcamp results will have an impact on KATX PPS, however, I think that the results will have a lasting impact from a fundmental and technical standpoint (although I believe fundamentals will be the overall measuring stick at that point for the PPS). I think there will be a nice run up with positive results, and it'll possibly consolodate to a lower level, but regardless the stock will be trading in a higher channel. Whether from a fundamental or TA standpoint, this stock is looking for a reason to run. The run to .25 was on air, on decent results I think a run to .40-.50 on Handcamp results alone is not out of the question. If other things come into play such as very good Handcamp results, RR drilling, or another announced share distribution it could run higher. IMO.