OTCPK:KATFF - Post by User
Comment by
patels96on Mar 22, 2019 5:29pm
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Post# 29525423
RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:What's next for KAT?
RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:What's next for KAT?@johnny54,
I see some short term pressure, until June. I personally, think we have hit the bottom, and waiting. This would be a great time to load up (got to have balls of steel). After June and into 2H2019, I do see upward momentum carried by the Chinese stimulus, as well as a potential interest rate cut by the feds.
Right now KAT is very sensitive to company speicifc risk, rather then market risk. Any positive news from KAT will swing in its favour
By year end I do see prices between $1.20-$1.50...keep in mind that the low float on KAT will provide significant movements
I stongly believe that KAT will see a signficant re-rating of its price, in the 2H2019