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Microcap & Penny Stocks : Kaleidoscope Media Group Inc. (KMGG) -- Ignore unavailable to you. Want to Upgrade?


To: Tricky Ricky who wrote (417)3/18/1998 11:50:00 PM
From: cpbbss  Read Replies (2) | Respond to of 484
 
Speaking solely for myself, I anticipated a fall in price in early March. The current price is a more accurate reflection of true value based on current earnings. However, if the company avoids diluting the stock, the various projects could easily generate earnings of .25 per share this year. If that occurs, 5 would be a very real possibility. Similiar logic also dictates that if the Dream team is a hit--future multiples will propell the stock. My confidence in the company remains strong. I liquidated 35000 shares at 2, but still hold a very large position. Praying for upward movement--sooner than later--is quite acceptable.