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Microcap & Penny Stocks : KFX: Energy Solutions

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To: Michael Collings who wrote (12)1/10/2006 7:05:52 PM
From: bysfbay  Read Replies (1) of 26
 
The energy sector and coal in particular has been top performer in 2005. In spite of this, KFX is still under the radar. No surprise if value is based on profit and revenue.

It has a press conference coming up on 1/12. I would guess to discuss the results of the test plant in the USA. I suppose these physical industries don't move as fast as high-tech internet companies or fad fast-food restaurants. :O I hope to see an announcement of a rollout plan as the next milestone as we move towards real production.

If this company cannot be argued using backward-looking financials and ratios, check out the technicals. The 2-yr chart shows a potential breakout at this level. It is at major resistance.
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