The fundamentals rule here. Bottom line you will not find a company executing with revenues and net earnings in a technology sector that is heating up like RFID is by the day and sets at a penny.
Folks want to play the charts on this one and that is fine. You play it to perfection you gain a few more percentage points on your gains.
With KMAG its not necessary. This stock is so vastly undervalued it has exponential growth written all over it.
I know some other of the big winners I have been in you see people playing the charts and getting left behind. To me KMAG is one of those stocks you search far and wide for.
NO WAY I AM FLIPPING THIS PUPPY FOR A FEW PERCENTAGE POINTS AND MISS THE MAJOR RUNS!!! NOT WORTH IT IMHO..
FUNDAMENTALS RULE HERE AS THEY HAVE FOR THE LAST FEW MONTHS. THEY CONTINUE TO GET BETTER BY THE DAY.
There are a few here that are trading and maybe playing both sides with small short positions too. NOT NECESSARY here. BUY IT AND HOLD IT. WHY THE RISK??? Again to each his own.
Some of the naysayers that show up. I ask WHY??? Do they really care about everbody so much they want to see them sell to protect them. GET SERIOUS. THEY ARE HERE FOR A REASON AND IT ISN'T BECAUSE THEY CARE ABOUT ANYBODY ELSE... THATS A LAUGHER!!! THEY HAVE THEIR OWN OR GROUPS OWN PERSONAL MOTIVES FOR THEIR OWN PERSONAL GAIN.
We have the holiday season soon approaching which will be huge for retail and KMAG. Folks who are feeling gleeful from yesterdays sells could be crying in their milk today or in the next few days.
Sure you can buy back in but it depends on how many shares we are talking about and at what price.
Hey to each his own. Shooting straight from the hip, in all my years of investing I have never seen a better company fundamentally at a penny like KMAG. Truly KMAG is worth a nickel easy today possibly more. I like Turkish Masters numbers and truly believe the dime is more appropriate.
Being in the technology sector and with a growth multiple the dime could be considered by many as too conservative...
Many say dont fall in love with a stock. Reason being there aren't any good pennies out there to fall in love with. KMAG is NOT your typical penny and it is not one easily sold to just buy another penny. In reality that is the silly trade...
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