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luckyone1021

05/19/12 11:19 AM

#48900 RE: Masterlu #48899

Agree with you about Museman and his charts.....they are a different look then we usually see.....and VERY good. $$KMAG
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Lonewolf1

05/19/12 11:38 AM

#48903 RE: Masterlu #48899

I agree, but KMAG has already gone back to the .0035 level twice in the last few days.

"Oversold" is a blatant understatement imo. The stock is BRUTALLY oversold and even more if we consider both technicals and fundamentals.

It should return to the .02 level where it traded a good part of last year on weaker fundamentals than we have now.

After that the next objective would be to surpass the .05 region where it has not traded since 2009 sometime.


After that we have pretty much "Blue Skies", especially if revenues continue to show even moderate growth.

JMHO