I have been calling for $20 by 2018 for some time now. I am still calling it. Nice to see the KEM Market Makers succeed at a giant HEAD FAKE against guys like NO_MO_King and BobWins who are calling for KEM to "go down the toilet pan. KEM is up 18% with a 90 cent gain in just the last 5 days. When KEM breaks above $6.15 on high volume these guys will be crawling all over each other to cover their short positions. Instead of bashing the stock, they should have been buying it!
I think this company is a T/A situation in progress. I would be happy if the stock $ gets to $12/$13. I would stick around to see your prediction comes true, of course, the company has to show improvement from Qtr to Qtr first.
Exactly T/A. Once they re-finance the 10% outstanding debt notes to about half of that... and then reel in the NEC buyout to 100% ownership, we will heading for the $20 target. It will take time to hit $20, but that is free. 2018 or before is my guess. The Teens are do-able in the short term 1-3 years. Have faith Bobwins, there is money to made on KEM stock, you will see.
Seriously?! Quarter after quarter of negative earnings and you still feel the stock will hit $20? You are willing to wait until 2018 for this to happen. You should have bought Facebook which went up over $20 per share in less than a year.
He said 2018 or before. Why name Facebook going up over $20 -- more like $40 incidentally. Why not name the "A" shares of Berkshire Hathaway? Today alone, they went up $999. Of course, it's the percentage move, not the dollar move, that's important.
I think this next quarter will be the turning point as we will have for part of the quarter the 2 factories now combined into the new lower cost facility. Also, look at the earnings estimate jump from .26 to .83 for next year. I wouldn't be waiting until the next earnings report comes out as you'll be too late to join the party.