Hi Bob,
As you noted, it doesn't take too much for our beloved KVH to trend one way or the other, mostly because of the size of the trades... heck, 35,000 shares (double counted) might entail 40 or more trades I really think it will depend on the market, absent major news. This latest decline in the NASD could end quickly, or just grind down to a re-test... or lower. But, KVH remains fairly resilient in a less than stable market.
I'm not sure if we'll get all the way to 6, but if we get panic like we had of late over on YAHOO! about Wisconsin registering those private offering shares, it won't take much to get there. The MMs can take it down quickly on these little trades of 500 shares or less.
As you suggest, another buying opportunity in the offing. BTW, sounds like the current sensor will be on the market by the end of this year... whether the industry is ready or not. I guess that's the variable in all of this... when you have the leading technology, will the market place be ready to use it when you invent it? ... and at what rate will it be adopted?
Still crazy after all these years... at least we're not alone anymore. ;-)
Regards,
Roy |
