Seeking Alpha

KapStone Paper and Packaging slides off pricing news

  • Shares of KapStone Paper and Packaging (KS -4%) slide on after industry pricing trends for the old corrugated container category come in weaker than anticipated.
  • Trading volume is very high on KapStone with over 800K shares trading hands in under an hour, compared to the daily average or around 1M.
Comments (3)
  • Philip Marlowe
    , contributor
    Comments (1161) | Send Message
     
    Do you happen to have a link for the industry pricing trends?
    8 Jul 2014, 11:20 AM Reply Like
  • User 20220471
    , contributor
    Comments (3) | Send Message
     
    Owning KS stock since early 2009 has been very rewarding for me. It would have to drop much further for me to lose my investment.
    8 Jul 2014, 11:06 PM Reply Like
  • Greyfox070
    , contributor
    Comments (69) | Send Message
     
    If you are losing sleep over this OCC pricing business, listen to $PKG 2nd quarter conference call. This whole thing is pretty much a non-event, and presents a very good entry point for $KS prior to earnings. The sell-off in $KS was way, way overdone.
    22 Jul 2014, 06:00 PM Reply Like
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