FortSumter Hey Husky, KITD.OB seems afraid of the $7 line. Need some catalyst to move higher? Still think is was and is a good buy for a short term trade.
3/27/12
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Husky Financial: yeah... currently up around 12% on the trade.. I'm not too worried. 50% short float, they need to cover at some point. I think they
3/27/12
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Husky Financial: might be putting themselves up for sale. Should be interesting. 10k release should be next catalyst. they delayed release to verify assets
3/27/12
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Husky Financial: from their acquisitions. They scooped up like 10 companies last year in the cloud video space. most were finance w/ stock
3/27/12
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FortSumter: as i said before there seems to be concern on the quality of the mgmt. i suppose that's open to debate but defintely influences stock price
3/27/12
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FortSumter: i'll hold for now. price was easy to get in at.
3/27/12
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Husky Financial: yeah FS i think thats the takeaway.. We got in at the bottom its just a matter of how things play out. Thinking about using trailing stops