Good one from lowman for a Friday night. Hold the line boys!
lowman
Friday, May 31, 2013 10:10:16 PM
Re: bearspread post# 157119
Post # of 157126
Quote:
Eventually the 005 price won't hold, and there will be another step down.
You may be right. Given all the manipulation, we may even see another .0003 sale or two. In the greys, nothing is impossible.
However, it should be noted that in the entire month of May, not even 20M shares traded. Hell, KMAG used to trade that in an average day, in the summertime, even. And while the current anemic volume can be twisted to mean various things, the fact is, it means only a minute amount of the o/s is willing to sell. People need money, sometimes.
Like I've said before, the upside far exceeds the downside, and the vast(!) majority realizes that eventually, KMAG is gonna BANG, BANG, BANG(!) , and when it does, the ensuing 20-50 bagger will be far more than could ever be gotten from the bank, or real estate, or a damn good many other investments.
I'll say it again: I have missed numerous multi-baggers because I listened to noise , and all the reasons I should stay away.
Numerous multi-baggers!
Not this time, though.
Not when the company has a CEO who has been in the RFID biz for over a decade and a half , and has just recently increased his position to 30% ownership and, at the same time, eliminated debt! No way.
Not when RFID is finally at the point of major market acceptance , and a 17 y/o company is coincidentally in revenue breakout mode.
No way!
Not a person in the world is gonna talk me outta my KMAG shares. Not now. Not when KMAG is the prettiest, beaten down, hidden gem, bottom play out there. Especially, not when it's on the cusp of reversal. Sure, 'cusp' is questionable. But BANG is not, when a CEO has a 30% ownership reason to make the BANG happen.
Think about that last sentence for a minute.
lowman
Friday, May 31, 2013 10:10:16 PM
Re: bearspread post# 157119
Post # of 157126
Quote:
Eventually the 005 price won't hold, and there will be another step down.
You may be right. Given all the manipulation, we may even see another .0003 sale or two. In the greys, nothing is impossible.
However, it should be noted that in the entire month of May, not even 20M shares traded. Hell, KMAG used to trade that in an average day, in the summertime, even. And while the current anemic volume can be twisted to mean various things, the fact is, it means only a minute amount of the o/s is willing to sell. People need money, sometimes.
Like I've said before, the upside far exceeds the downside, and the vast(!) majority realizes that eventually, KMAG is gonna BANG, BANG, BANG(!) , and when it does, the ensuing 20-50 bagger will be far more than could ever be gotten from the bank, or real estate, or a damn good many other investments.
I'll say it again: I have missed numerous multi-baggers because I listened to noise , and all the reasons I should stay away.
Numerous multi-baggers!
Not this time, though.
Not when the company has a CEO who has been in the RFID biz for over a decade and a half , and has just recently increased his position to 30% ownership and, at the same time, eliminated debt! No way.
Not when RFID is finally at the point of major market acceptance , and a 17 y/o company is coincidentally in revenue breakout mode.
No way!
Not a person in the world is gonna talk me outta my KMAG shares. Not now. Not when KMAG is the prettiest, beaten down, hidden gem, bottom play out there. Especially, not when it's on the cusp of reversal. Sure, 'cusp' is questionable. But BANG is not, when a CEO has a 30% ownership reason to make the BANG happen.
Think about that last sentence for a minute.
