KIT Digital, Inc fka KITDQ

[bowonwing]

Neg. earnings: -$0.57 in 2007 and -$0.46 in 2008. Who knows when ROO will break even. This keeps a lot of buyers away.

I have a hunch that ROO is going to be profitable in 2009. I think their earnings are going to explode. Just a hunch though. Time will tell. I believe now is the time to buy ROO and then just hold it for many years. What ROO does is the future and if, if, they can execute their plan, I think the stock should do very well.

The Wellington purchase of 5.7M shares of ROO @$2.50 is huge for me. It is one of the reasons I decided to purchase ROO. Wellington has 332 billion under management, co-manage many Vanguard funds, and I believe know what they are doing. They saw value in ROO at $2.50 a share. I am in at a $1.68 avg.


I bought more ROO yesterday and I think that is it. I am holding for the long, long term, three+ years or more. I am going to file and forget.

Now that I am in, I will just pray nothing explodes, otherwise I am just going to wait for the earnings to ramp-up in 2009 and beyond. I am really not interested in taking the buy and sell approach you have choosen, but to each his own!

GORGRP!

Cheers.