It's good to have a conservative outlook when there are so may wishing for the skies. So, for the sake of staying grounded, I appreciate your posts. I do however, have a bit of a rebuttal to your earlier post.
First, I like charts...they tell a story, but in the end that is all they do. If my chart reading abilities could make me millions, I would've been there a few times over. So this is no end game, charts reflect history...and as we all know "past performance are no indication of future results."
Second, the history of KMAG...I understand that you went back and read the same hopes and ambitions about this stock from a few years back, and those ambitions of the traders at that time was understandable. But, there a few catalysts that kept KMAG from consistent growth. If you run through some of the valuable DD done here by diligent investors, you would see that the timing of the industry coinciding with the CEO's health problems (which to me is the main contributor) held a good thing from reaching new pinnacles.
You 'brush off' the fundamentals by simply stating "they are the same". But are they really? When you make statements like that please back them up with Quarterly Reports and/or filings. A simple ad hoc statement with no backing doesn't fly here...especially not with the type of longs that are here. KMAG's financials are undeniable, actually they would go head to head with many AMEX-NASDAQ companies showing growth...but in a more exponential way.
Regarding RFID and Cloud, they are two different sectors completely...one targeted towards tangible and the other non-tangible. So this argument is dead in the water in its infancy.
Technical trading has been good to me short term, but it's all about timing and for the most part is a short term trading approach. Fundamental trading is where patience is key, it takes the market time to reflect the true value of fundamentally sound companies. This is in part because of the slow nature of growth, as well as the recognition a company needs to gain investor sentiment and interest. We are slowly building that base here.
KMAG is a long term investment for me, because I have done my homework and realized this is one stock that that sets itself apart from the rest in Pink Sheets. We are not dealing with dilution, non-revenue generating empty ideas, and unreliable CEO's that promise the world then disappear. Rather, here we have a hard working CEO that is taking his company forward by building a solid fundamental foundation. Growing sales numbers combined with the increasing acceptance of RFID technology is setting the stage for Jeff and KMAG to be very successful. If you don't believe me, just look at the filings from this year alone, and it will be clear as daylight as to where this company is heading.
Good luck to you in whatever you decide, I will be here for a while.
