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Sunday, April 06, 2008 7:56:03 PM
.<font color=platinum>A thought on the current fundamentals
CKNN recently announced fourth quarter financial results, posting a net loss of $5.6 million or $0.31 per share, wider than a loss of $5.2 million or $0.29 per share in the fourth quarter last year.
Commenting on the results, the company said its board of directors decided to explore strategic alternatives to maximize shareholder value.
Now here's the part to ponder... Even with the weak financials, the lowest price target given by analysts is $1.25 and three out of the 5 covering it are calling it a "Buy" (one of the others is calling it a "Hold" while the other is calling it a "Sell").
Oh, and one more thing
78.80% is held by Institutions
CKNN recently announced fourth quarter financial results, posting a net loss of $5.6 million or $0.31 per share, wider than a loss of $5.2 million or $0.29 per share in the fourth quarter last year.
Commenting on the results, the company said its board of directors decided to explore strategic alternatives to maximize shareholder value.
Now here's the part to ponder... Even with the weak financials, the lowest price target given by analysts is $1.25 and three out of the 5 covering it are calling it a "Buy" (one of the others is calling it a "Hold" while the other is calling it a "Sell").
Oh, and one more thing
78.80% is held by Institutions 
http://www.investorshub.com/boards/board.asp?board_id=9553
http://investorshub.advfn.com/boards/board.aspx?board_id=12634
All statements and annotations should not be used as buy/sell advice
