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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?


To: rllee who wrote (30148)2/22/2008 1:45:27 PM
From: Madharry  Read Replies (1) | Respond to of 78774
 
i wonder that he could do that. it hardly trades. in fact todays volume of 54,000 on kycn is by far the highest ive seen in this stock. fwiw i was surprised that the rights issued are not transferable. i guess mr. simmmons believes the shares to be undervalued too at these levels.



To: rllee who wrote (30148)2/22/2008 11:32:14 PM
From: Madharry  Respond to of 78774
 
you were absolutely right about icahn . just saw on sec.gov that he now has a 5.03% interest in kycn. I guess some of the whale watchers will follow him in now! At this point I will exercise my rights as soon as the brokerage houses get around to telling me what they are, and the boat will be loaded.