I just took a look at the earnings projections. When did they change so negatively? Now looking at a loss of $.20/share for the year in 2007? Did guidance change? Did this get mentioned in the last Investors conference and I missed it? Anybody got some insight here?
Not sure when it changed, but I have been saying since the topic first came up at the beginning of last year that there is no way KONA will make a profit in 2007, although at that time management was saying they would.
Do you hold or trade this stock according to your own valuation standards? That is, do you start to sell when you see this getting overly valued (say perhaps in January when we hit 21s) and buy when it looks cheap? or do you buy and hold? I'm curious given that you do your own modeling. I basically gave modeling up because i was always wrong and it never seemed to help a whole lot.