Just don't watch them Obviously fairly illiquid and getting more tightly held by the day. Not sure if it needs news to break out or not but it wouldn't hurt. 32.5 would be a good figure to close above. Other scenario might be a Infoscope sale to a major and a gap up open to 50 cents. I reckon this was getting accumulated until the middle of last week when the little knock downs suddenly stopped and it began to get bought up. A good quarterly obviously helped put people in the picture. When you think of the multi hundred million dollar market caps out there that are chewing millions each quarter with no real signs of improvement in their outlook you could easily make a case for this company to sit at double its current share price with it's prudent management and blue sky potential. I honestly cannot remember a more promising set up. GLTAH.
K2F Price at posting:
32.0¢ Sentiment: Buy Disclosure: Held
Obviously fairly illiquid and getting more tightly held by the day. Not sure if it needs news to break out or not but it wouldn't hurt. 32.5 would be a good figure to close above. Other scenario might be a Infoscope sale to a major and a gap up open to 50 cents. I reckon this was getting accumulated until the middle of last week when the little knock downs suddenly stopped and it began to get bought up. A good quarterly obviously helped put people in the picture. When you think of the multi hundred million dollar market caps out there that are chewing millions each quarter with no real signs of improvement in their outlook you could easily make a case for this company to sit at double its current share price with it's prudent management and blue sky potential. I honestly cannot remember a more promising set up. GLTAH.
