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Microcap & Penny Stocks : KLOC: wishing on a star
KLOC 0.00Oct 4 5:00 PM EST

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To: John Met who wrote (242)11/8/1996 9:27:00 AM
From: jonggua   of 581
 
Can't figure out which is true...

Peter Lynch once said...

It's always darkest before dawn... or before pitch black.!

The whole movie studio class of stocks has been trashed this year, wholesale, so KLOC is no exception, but going from 1.50 to .50 is a little bit more than anyone other poor movie making company. Can't believe it's back to it's lows of 95, when they were doing nothing but prepare for a big 96.

I think it's oversold here, sentiment is so bad, and it IS at a low PE, but who knows when price will change? This may stay in the doghouse for years, and I'm down 67%! Maybe one of their Keanu Reeves movies will be a hit, that's the earliest ray of light I can see.
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