You're not right there. Something has changed. What's changed is this stock has hit the radar as a low entry point in a high priced, fast-rising stock category. Many an investor let A2M get away on them thinking nothing was happening - have a look at it's price history from the start. Many sold in down trends under $1 because nothing was happening. $11.24 later there must be a lot kicking themselves...
As we all know, the fortunes of any company can change at any time. A meeting you have today can open a door to an opportunity that didn't previously exist. Agree that it might take months before shareholders know.
KTD is a stock that is better to be in than out if you believe in it's underlying value. Which clearly I do.
Excellent exec team with decades of real experience, excellent established production and distribution already, excellent network of connections in China already, excellent plans to substantially increase production capacity. Product diversity.
And it is easier to pay 0.20 or 0.30 more now, than it is to be in at $2 or $3 more if it goes there.
It's a simple value equation. If you believe this stock's rise is inevitable, you will own a lot more shares for your money today. And that's where each investor/trader is making their own call.
KTD Price at posting:
72.5¢ Sentiment: Buy Disclosure: Held