As per my Lie Hub post yesterday, I am very positive the dedicated longs and believers will prevail, post is as follows:
Several things here need to be considered. But the first and foremost issue is that KMAG has undergone a deluge of negative issues, and we can speculate as to where, how or who did initiate them. However, the few consistent and relevant facts continue to remain as follows: Business for over 17 years. Verifiable patents, revenue growth, technology that has very real value for retailers, wholesalers, pharma, liquor industries. Huge upside in reducing labor, and health care costs for all. These facts drew me to this company at an affordable entry point. My DD helped me make the decision to grab this stock. Last year's events threw some doubt, but patience and some ignorance on my part kept me positive. Meeting the CEO in May confirmed my belief that eventually things will work out on a positive note. Still have to travel down more roads with hurdles and my optimisim is tempered with the fact that all legal and governmental roadblocks need to be addressed accordingly. I am not sure what so called mergers , R/M's stock buyback etc.. are being speculated upon, nor do I care. The bottom line continues to be the bottom line, and as a NYC based business owner, I see a real business here with huge growth potential , so I continue to believe and not speculate that things will be fine. Patience with KMAG's long term STRATEGY will pay off. IMO, only post of the day. Good Luck to all(the ins and the outs)
Several things here need to be considered. But the first and foremost issue is that KMAG has undergone a deluge of negative issues, and we can speculate as to where, how or who did initiate them. However, the few consistent and relevant facts continue to remain as follows: Business for over 17 years. Verifiable patents, revenue growth, technology that has very real value for retailers, wholesalers, pharma, liquor industries. Huge upside in reducing labor, and health care costs for all. These facts drew me to this company at an affordable entry point. My DD helped me make the decision to grab this stock. Last year's events threw some doubt, but patience and some ignorance on my part kept me positive. Meeting the CEO in May confirmed my belief that eventually things will work out on a positive note. Still have to travel down more roads with hurdles and my optimisim is tempered with the fact that all legal and governmental roadblocks need to be addressed accordingly. I am not sure what so called mergers , R/M's stock buyback etc.. are being speculated upon, nor do I care. The bottom line continues to be the bottom line, and as a NYC based business owner, I see a real business here with huge growth potential , so I continue to believe and not speculate that things will be fine. Patience with KMAG's long term STRATEGY will pay off. IMO, only post of the day. Good Luck to all(the ins and the outs)
