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Re: Globaltrnr post# 297

Wednesday, 08/13/2014 10:57:42 AM

Wednesday, August 13, 2014 10:57:42 AM

Post# of 646
I don't have time to research all of those. What I do know is that King has $1.2 billion in assets including over $800 million in cash on top of around half a billion dollars in anticipated earnings this year. A company that, as you say, "has no product" but is earning that kind of money with their non-product is positioned far better than American Airlines who was in bankruptcy with $2 billion to keep airplanes and passengers in the air while they sought a merger. King is set to dominate the industry and is already acquiring the competition. GLTY, but I am long.
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