Check out KKD. Rated C and 1. Those are the lowest ratings possible. Excuse me, there is one more rating below C, but that is reserved for BK'ed companies.
I juste can answer to the clown that I know much more about the company and I believe that the stock price is not valued by the markets based on the book value, especially if the Company projected reasonable and continuing earnings. And the collective wisdom of our CAPS community is bullish about this stock. Read the next section ( after earnings call) if you're unfamiliar with our mathodology. For now I can juste tell that KKD is now a well run company.
Ya, I agree. I could pop 30c or so. Bottom line, the stock will remain highly volatile over the coming weeks. Up 20c one day, down the same the next.
With a great q2 report, it should help stabilize the stock in the low to mid $4 range for a period of time.
It needs to swing several CONSECUTIVE good quarters in a row for a bounce to be sustainable.
Mean time... mgmt absolutely needs to keep paying down that freakin' debt!!!! Get it into a position where they can start giving NOMINAL (token) dividends to start off in the next couple of years. Grow it from there.
Mean time, the stock can see $3.50 in a days trading just as easy as $4.50. VOLATILITY for the next several months!
stinky, have you ever considered what a waste your life is? Imagine what sort of weirdo would follow someone else from board to board one starring and ATTEMPTING to harass that person. That's the sad reality of your life. Not tomention the other things like the divorce, bankruptcy and tax liens. One star on, lizard!!!