Thu 12/8/2016 17:11 ET
DJIA19614.8165.190.33%SOLAR18.500.281.54%GOLD1172.405.040.43%Shanghai3136.7734.501.10%
S&P 5002246.194.940.22%BANKS23.700.220.94%OIL51.860.941.81%Nikkei18765.47272.101.45%
NASDAQ5417.3623.840.44%SEMI72.050.430.60%US/EU1.060.011.34%Futures2247.5010.750.48%
Welcome Stranger!  Please sign up or log in to enable additional features.Sign Up | Mail | Log In
Forum - Wall Street Pit (KIT digital, Inc. - KITD)    Stock Due Diligence for All

Msg Top | Msg List | < Prev | Next > | Post New | Reply | Privately | Search | Add KITD
  
From: highyield88 (Rep: 51)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.

Share This Post:


What would you like to do? Message: Endorse | Bookmark | Report AbuseUser highyield88: Reward | Watch | IgnoreKITD: Ignore

Msg Top | Msg List | < Prev | Next > | Post New | Reply | Privately | Search | Add KITD
  

TheLion.com | About Us | Agreement & Disclaimer | Privacy | Twitter
© 1999- TheLion.com, Inc.