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lowman

07/09/12 10:48 PM

#73499 RE: Think or Swim #73497

Insiders sell for many reasons, but they only buy for one. The market in general knows this and is keen to it's implications. While insider buying is typically never substantial enough to affect the float, it doesn't need to. It's the show of confidence in the company's future that matters.

The buyback 'program' is s'pose to be done by end of Q2, which means end of July. News regarding it could be expected anytime after July 31st. News of June's revenue could be expected anytime in the last week of July.

Since KMAG is profitable, with May and June profits in the bank, it is not unreasonable to expect news any day, regarding the retaining of an auditor. News regarding the airline RFIDs could come anytime. News of other contracts/developments could come anytime.

The one problem with selling now and expecting to buy back is that shares on ask tend to disappear very quick, when news comes out.

One of these days, a popular newsletter or promotor is gonna put a good word out about KMAG, and when that happens, kiss these cheapies goodbye.

Don't be fooled by the current trend. It can change in 10 seconds. For those considering it, now is not the time to be selling with hopes of re-entering at this same level in a month, but rather be wise and be buying, cause in 3 weeks from now, it's really hard to imagine KMAG will still be under .005.