When a company is trading around 75c and a research report comes out at $5 what are your initial reactions? 1) price is undervalued 2) research report is way off reality 3) not worth the paper and time put into it.
Do you look at the numbers and then say if they achieve it the $5 is quite achievable?
Should they have come out first with a target of $2-$2.50 and then when the revenues kick in to $1m+ per month then increase the target to $5.
feedback is welcome.
KSS Price at posting:
71.0¢ Sentiment: Buy Disclosure: Held
