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Microcap & Penny Stocks : KTNV ** Profitable and Undervalued -- Ignore unavailable to you. Want to Upgrade?


To: DADEPFAN who wrote (58)2/29/2000 12:02:00 PM
From: Dave Gore  Read Replies (1) | Respond to of 132
 
KTNV is a LONG TERM HOLD-- Gross Profit Margin is huge at 100-150% (i.e. their cost is about $12 per barrel and oil prices expected to remain in the $20-30 range for a long time). This should be a very very profitable company going forward, quarter after quarter.

HOLD, PATIENCE, BUY ANY DIPS! That's what I plan on doing.
This is a stock you can buy a lot more of, imo, since is seems much safer than others. Whereas with a momo stock you feel like the price you could collapse at any moment, with KTNV it feels like profits are assured for many quarters going forward.

No stock is ever safe, but this is one you can probably put away and forget about. In fact, this is not one you want to sell too early. This is not your typical OTC/BB stock.

We are in great hands with Mr. Wheeler and his team.