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Forum - Wall Street Pit (KIT digital, Inc. - KITD)    Stock Due Diligence for All

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From: highyield88 (Rep: 42)Date: 11/26/2012 14:04
Forum: Wall Street Pit - Msg #2333692 - List KITD msgs Thread #673478456 (Rec: 0)
The catalyst here is the company saying they will consider the CEO's offer. If that happens, the stock probably moves to the $1.50-2.00 range.

They don't have hardly any debt and the restatement won't effect cash on hand. It's still a gamble, but the upside is $3 (to $3.75) and the downside is maybe .10-.15 (to 0.50). I'd take that bet every time.

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