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Sunday, September 26, 2010 2:39:45 PM
1. Please tell what facts or presumptions those who are saying .05's, or now .04's are going on when you make these "predictions". When you consider what KATX has in the pipeline right now and what the chart is saying right now. I have to chuckle a bit when I hear these statements. Chart is saying hold/accumulate, fundamentals are saying buy, I don't see "drop 50%" anywhere. THESE .08s and .07s ARE the cheapies. Don't get greedy, it'll bite you.
2. These stocks move BEFORE a real total value is assessed to a property, I can assure you that when the ground is totally "proven". The stock will already be trading on a P/E well beyond that. But if you'd like to wait around until it's a sure bet, by all means then.
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