KWIN should be in play shortly. I received notification about it recently from someone who does not post on SI. I gave the tip a good look, called the company, spoke with the CFO and now am making this post.
The story, in short, is that KWIN projected great earnings some time ago (an EPS in the .30 to .40 range). The earnings, investors were told, would come largely from a new acquisition they made, Automax, which they acquired for stock.
Well, it's "prove it" time for KWIN in terms of their projected earnings and indications are that there are no surprises. The earnings should be reported in about a month according to the CFO.
I think KWIN will break $3/share within a month. Already the chart is on the upward slope, with the stock moving from around .50 to over $1 with no news and no hype.
The last two KWIN news releases (dated 8/24/98 and 11/4/98) are old enough that Yahoo! news is not showing them. Therefore, I've gone to snap.com. Have a look at the next two messages.
Good luck all,
Chris |
