Posted On: 02/20/2013 8:27:17 AM
Post# of 14350
Good stuff DJ, as always. Perhaps not Easter resurrection or reemergence, but the word Spring has meanings that work for me. Yesterday's 5 million in volume seems big, but in dollar terms it is negligible compared to what can happen when audited earnings are revealed and KMAG gets off the grey sheets. KMAG has been a "turn around" story stock, But with a PE ratio of near 4.3 it is truly a "value" play for those with the insight and fortitude to wait it out. Accumulating at these bargain levels does keep the enthusiasm up during the wait.
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