So many positives for kronic right now.
1) Uptab doesn't like it.
2) Micro has been so wrong for so long on so many stock picks that he is really well overdue for a winner.
3) Two big tutes have dumped over a million shares in the last quarter and we have held stead in the 7's during the onslaught. These tutes are almost out of shares.
4) Big customer revenue declines are behind KTCC. Time to start growing again.
5) 2 + 2 = 5
6) Trading a whole dollar under tangible book.
7) The deadline on Commandor's prediction of an $18 buyout by PLXS is coming due soon.
8) Currency translations are now a tailwind.
9) SMT announced big order
I could go on but my fingers are tired of typing. You folks get the drift...
You are quite welcome... I sold too early!
Anyway I got to think the investing gods are going to lift their curse off micro real soon so ktcc may be finally read to go up!
He's talking about China too. So basically every manufacturer in the world would be affected in your hypothetical tariff scenario. Last time I checked congress would be the ones to pass tariff's...
Yeah. We didn't like the attack articles and the Borg filing to dump more shares so we are moving on to some kronic... I have never seen it end well when a stock grabs the attention of hit piece authors. Too bad to Naii had a real nice chart.
I have over 40,000 shares now. Will buy 10,000 more over the next couple days when Royce drives it under 7... I really like the risk reward here.
Bought more shares today BTW... At these levels I've got to quote hopeful's safer than a cd line...
...have left to dump??? Talk about a wet blanket.
I sure wouldn't be a seller at 14 though. I think most of the action is just big boys playing hanky lanky back and forth with each other trying to steal more shares before earnings... Judging by the admitted selling in the 13s and 14s by some on this board it looks like they are having a bit of success collecting cheap shares...more power to them I guess.