KATX is currently in its third leg higher, one that I now think will bring it to $.20 and beyond, just like SRSR. Where KATX can separate itself from SRSR is what it does after it breaks $.20.
Here are some of my quotes from days past:
2/9/2010-
http://pennystockgurus.blogspot.com/2010/02/katx-todays-bounce-off-lows-could.html
I have a good feeling this stock will see gains into the weekend as the chart looks oversold short term. Longer term another test of $.10 looks to be in the cards. That price would be close to a double from today's closing price.
Consider KATX a Guru buy as long as the stock can stay and hold above $.05. If it drops below $.05 all bets are off.
2/22/2010-
http://pennystockgurus.blogspot.com/2010/02/tuesdays-watchlist-vcty-katx-etls.html
KATX is still holding above our $.05 price and hit $.062 on impressive volume. I was a betting man I think $.10 is coming in the next few days/weeks.
1/18/2010-
http://pennystockgurus.blogspot.com/2010/01/katx-next-target-10.html
KATX - Next Target $.10
I hate jumping on bandwagons, but KATX looks appealing here, even after posting some 2,000% gain from the November lows. The current rally is occurring amidst less volume than the last rally and at higher prices. It is taking less money to move this stock and I view this as a positive sign. It is a sign that leads me to believe that more gains are on the way.
In a penny stock world of quick gains, violent moves, long term holders of stock almost always lose their money. KATX has proven to be the exception, not the rule. If you had bought this stock back in early January, you would be up well over 100% today. It is for this reason I think KATX will hit and break $.20 a share. It has proven to be a solid penny stock and one that is worthy of countless posts on this blog.
If you don;t have KATX on your watch list than you must be a newcomer to this blog.
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