KDE is acting well...Uptrend is intact and why isnt this a $30 stock??
I follow KDE quite closely, and I have a large position.
The Yahoo KDE board is quite a place to visit, for the strong of stomach.
IMO, KDE's decline is due to a misperception that Pokemon is slowing in popularity. This comes mainly from Hasbro's problems. While HAS made bad bets on Star Wars, they have done very well on Pokemon. Unfortunately, they have not clearly separated their problems with Star Wars from their success with Pokemon, and the financial press keeps saying that HAS has been hurt by declining sales of Star Wars and Pokemon.
However, if you read HAS' earnings release, you will find strong praise for Pokemon, among the gloom.
In addition, KDE itself is not very good in the PR area.
The site, www.pokemoninvestors.com was set up by a loyal investor, and has much information about the company.
So, look at the financials, look at the balance sheet, and look at the earnings in a few weeks. You will see an extremely attractive company at a very low P/E.
Jenna talks about the "blimps" that need deflating. Well, KDE is a submarine that needs raising. |
