We may be pleasantly surprised to see KNR gaining momentumTotally disagree with Mr. Wonderful II. Not sure, what the MO for attempting to plant arbitrarily bearish comments in random spots throughout the day is (and for sure don't care) but it's clearly not for constructive ('devil's advocate', healthy 'debate') reasons. There's no 'balance' to it. Just gut-kick tone.... Lovely...
So many risk-balanced fantastic, well established steady 'total annualized return' stocks/companies out there (and mutual funds for that matter), seems like a better place for super-skeptics to invest more comfortably.
Nano-inc nonsense (I say nonsense, because it was always a pure spec play in my book -- not that I would begrudge anyone for attempting to make money on it , or similarly not be sympathetic to anyone who lost) today rattled some folks understandably.
So many reasons why a non HC dependent, tech-based, category-creating (i.e. 'safe space technoogy'), with a very very smart (and already very successful) CEO, company more than deserves its valuation and in fact, is probably being punished by the market which is too-eager for hype and is therefore not already trading higher.
"JMO" once the pain/shock of nano-inc begins to subside, many will gravitate to the 'safer haven' of KNR and we may be pleasantly surprised by not only a solidification of the SP in and around these levels, but in fact a steady drift upward on anticipation of news.
Remember to be cool. GLTAL... KNR all day.