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dustins

07/09/12 9:08 PM

#73489 RE: Roo5guy #73488

I'm not even thinking about the buy back, I don't think it matters. The revenues and new contracts is all that matters along with the eps. Right now from q1 the pps is valued at .005, after q2 the pps is valued at .05 with or without Jeffs buyback. That is how the mms see it and me too. Imo.
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malibu4u

07/10/12 11:07 AM

#73577 RE: Roo5guy #73488

You could have something here Roo5guy. That would explain why this great stock with all of the fundamentals and promise can't move up. I thought the buyback was over long ago with the dwindling of the volume but maybe not. Especially when Jeff announced that the news on buyback wouldn't be until Q2.

I sure hope you are right and if so we'll see the PPS breakout when buyback is completed.

Go KMAG!!!

http://www.investorgoodies.com/kmag-stock-price-rises-on-positive-luxury-good-shopping-sales/
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najrebe

07/10/12 11:17 AM

#73579 RE: Roo5guy #73488

I agree. Been suspecting something like this because it is the simplest answer to whats going on for the past month.

I also think JR could have switched gears and maybe did a partial company buyback? He does have a significant amount of profit coming in. Unless he need that to spend R&D on new products (which I don't mind either).

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pistolpete

07/10/12 11:20 AM

#73580 RE: Roo5guy #73488

I think you nailed it. Q2 ends July 31st. We start moving then!
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jaimerodriques

07/10/12 12:06 PM

#73600 RE: Roo5guy #73488

This is a good post, Roo5guy, and it concurs with the opinion of 'ol' Deadeye74 & some others, as well! So, my conclusion & take on things is, and not just based on a couple of posts, either, that whenever the buy back is completed, and Jeff let's it be known, some how or other, is when the pps will begin to move back up again, and probably strongly & powerfully so, too! The which all seems to be coordinating with much of what is happening in regard to the TA & charting analysis, also, ie: rsi & mac-d resurgence, etc. GO KMAG! COME ON Q 2!!! Jaime