Like I posted a few days ago, "..when the stock surpasses .49 approx., this stock will breakout". Word on the street is that this rally is going to continue for a while. The thing you must remember is that this is a very undervalued company. At 14.5 million shares, the stock is only valued at around 11 million dollars. That is nothing. I can see this stock heading to a 25 million market cap without anyone thinking twice. More importantly, there seems to be some underlying reason behind the buying which must be seriously read into. If you remember, the dramatic drop in the stock price last summer, it was for a reason. The same can be said about this buying.
Off the topic, and a usual mention in my posts, kmgg is another stock I feel very strongly about. Again, I am making a call on this one, that once the stock breaks $2.25, it is straight up past 3$ and onto the AMEX. Starting on Thursday a lot of things are happening at KMGG that should spark some momentum:
1. MIPCOM show (Next week)
2. Presentation to over 100 foreign investors in Europe (beginning April 2nd).
3. The showing of MERLIN at the MIPCOM show
4. As customary, I would expect a lot of press releases at the MIPCOM show, similar to what had occured at the last trade show in January (see the press releases). If you had followed kmgg, the stock also went up from .44 on January 1, 1998 to a high of $2.25 in early March. We have consolidated at these levels....a healthy move. The rally began in January and gathered a lot of steam at the beginning of that trade show. The MIPCOM is a big trade show, one where new projects and a large media platform is available to make major annoucements. Keep your eyes and ears peeled. I will be here to comment and inform you all of any events.
In the meanwhile, lets enhoy the rise on TPII. Again, I am extremely bullish on this one and feel very comfortable with a market cap double what we see here minimum. Keep up the great work on this thread, and Alan, thanks for the positive comments on KMGG. Again, I feel the most important thing on these OTC BB stocks is the trading environment they are in. I see good things, good times, and hefty moves in the future. That would make for a nice spring. |
