posted
When will this run? I'm in today at .29. It looks like a steal at these levels.
Posts: 112 | From: Syracuse, NY | Registered: Oct 2005
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posted
Been waiting weeks. I thought .35 was a steal. I am in for 9000 shares total, at a over all cost of .38 ouch.
Posts: 1638 | From: Up North | Registered: Jan 2006
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posted
I was eyeing this and UPDA. I was going to get in UPDA at .17, but missed that boat. Not going to miss this one .28 is a steal. Can't wait to make bank on this when it goes! Good luck to all...
Posts: 112 | From: Syracuse, NY | Registered: Oct 2005
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posted
I liked this stock at first but I actually believe they may have lost paula abdul due to the declining stock price and possible inability to continue to pay her.Not that she's any great shakes but if they lost her, they may lose investor confidenc. Notice pr's with her promoting the product are no longer. just MHO so glta..
Posts: 2292 | Registered: Mar 2005
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posted
that would be really good, i have around 30% percent of loss on KLGE, hope they will kick again
Posts: 287 | From: prague | Registered: Jan 2006
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-They have a very unique product-Klegg Mini, the world's smallest MP3 player, which is their #1 concern right now in terms of commercialisation.
-They have a famous spokesperson in the name of Paula Abdul.
-They are now working on deals with distributors for Europe and Asia.
-Management team is extremely qualified.
I mean, what else can you ask!
Once this one starts going up (probably after good news or good financial report), it will be very nice IMO.
Posts: 819 | Registered: Apr 2006
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Klegg Electronics, Inc. Announces 260% Growth in Sales and First Positive Income Quarter Wednesday May 17, 4:00 pm ET Positive Outlook on Future Sales Growth
LAS VEGAS--(BUSINESS WIRE)--May 17, 2006--Klegg Electronics had an increase of over 260% in gross sales in the first quarter of 2006 in excess of $872,000 (annualized) vs. $240,000 for the entire fiscal year 2005. The increase in sales was driven by the popularity of the Klegg Mini and Klegg's nationwide promotion involving celebrity Paula Abdul, Virgin Mega Stores, and a growing nationwide dealer network. This resulted in Klegg achieving a 180% increase in annualized net income vs. a ($77,000) loss in 2004. The complete financials can be found at http://www.klegg.com ADVERTISEMENT
Looking ahead Klegg expects continued sales of the Klegg Mini, growing flat-panel TV sales and a steadily expanding dealer network to drive increased sales for the second quarter of 2006. Much of Klegg's expenses is due to heavy investment into research & development to grow its cutting edge product line, office expansion, revamping the company's website, and increased sales and marketing staff. Klegg anticipates sales to grow at a quicker pace in the future with new innovative products, strategic partnering, and more sales reps.
Klegg has been expanding its nationwide dealership network at a rapid pace making its products available to more people. This network is being established to ensure the continued growth and success of Klegg Electronics. Klegg offers a full line of consumer products including cutting edge slim-line televisions, high end home theater systems and MP3 players.
Safe Harbor
This release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The risks and uncertainties that may affect the operations, performance development and results of the company's business include but are not limited to fluctuations in financial results, availability and customer acceptance of our products and services, the impact of competitive products, services and pricing, general market trends and conditions, and other risks detailed in the company's SEC reports.
Contact: Klegg Electronics, Inc. Investor Relations: Anthony Bookman, 888-465-5344 ext. 750 investor*klegg-america.com
posted
Yes, it is. We should start trending back up to .40 with no problem. I expect a real nice pop in the morning when the shorts have to pay up the POS to cover. Posts: 1638 | From: Up North | Registered: Jan 2006
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posted
HUGE, there is no way this cant run, low float, and this has been run down into the ground by MM's they have all the float...
if your not in i would chase it, we will never see these levels again and a few cents lost bec of chasing will be nothing when this stock is trading in the dollars. JMHO
Posts: 406 | Registered: Oct 2005
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posted
Great news! Can't wait to see what it does all day. I'm getting more in the AM.
Posts: 24 | From: North NJ | Registered: Mar 2006
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i guess the gap got filled now lets rock it all day. this is a great oppurtunity to pick up cheap shares.
Posts: 406 | Registered: Oct 2005
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posted
maybe its just the crappy market, or more MM manipulation. all i know is when this takes off its going to be huge, until then im enjoying the cheap prices.
Posts: 406 | Registered: Oct 2005
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posted
.18 is a new all time low. This is a good level to buy in for a flip to .22 to .25 range.
Posts: 1638 | From: Up North | Registered: Jan 2006
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