KMA Global Solutions International (KMAG)

[museman]

This chart indicates that we are still locked in a consolidation. And we are under the pressure of a long term declining tops line that once again turned us back. We have to have some closes above the .014 resistance to begin a long term up trend. Then we can tackle resistance at .019, .024 and .034. There is some chart resistance at .05 but that was in the distant past with very little volume. So a move from .05 to .10 and beyond will meet very little technical resistance. Meanwhile, the large indecision triangle is defining our long term tops and bottoms.
KMAG's current PE ratio is respectable 14.2857. A price of .02 would generate a PE about normal for a growth company. As Lowman aptly asserted, KMAG can not be compared to blue chip growth stocks because speculation comes into play. Whether audited financials will generate that speculation remains to be seen. A 211 with a MM on board and some impressive Q1 results or some great news to assure "exponential" growth would do well to push the PE ratio into the 100's that some emerging growth stocks enjoy. Then a challenge of the (adjusted) all time high of .134 is a distinct likelihood. That price was attained on much less revenue and on speculation alone. I do hope that JR's optimism results in .134 becoming the new baseline.