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Kips Bay Medical, Inc. (KIPS) Message Board

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  • platguru platguru Aug 3, 2011 4:26 PM Flag

    is this dead money?

    I picked up 1100 below $2.50 -- this is just so illiquid.
    A little buying, like a few 1000 shares and this will move 50 cents either way at this point.
    I believe it's a bargain at these levels, plenty of cash from ipo @ $8 and upside near term to $4 to $5 with some bargain hunting buyers...there don't seem to be many in this kind of market lately.
    Great risk/reward IMHO at these levels!

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