Tuesday, July 17, 2012 7:21:03 AM
KMAG needs public awareness to draw in more buyers and maybe a killer contract would do that or just a long string of amazing earnings.
Mark Hulbert has a newsletter based on the "contrarian" approach to investing. He measures sentiment by monitoring market newsletters and tallying positive and negative commentary on stocks, currencies, etc. The concept is that when a majority is negative, there aren't many sellers left to push price down. When the majority is bullish it is likely that the market is saturated with buyers. The strategy is to bet against the crowd. There is a significant level of accuracy in Hulbert's analysis, but it has to be tempered with other fundamental data to get timing tuned. I was loosely applying contrarian theory to the feeling of negativity toward the current price that Ihub posters have been expressing. My comment was a quip and has absolutely no merit. I apologize.
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