KowaBunga! Inc fka KOW (KOW)

[Geelongguy]

The reason IMO that the pps is dropping is the fact that during the interview on Mad Money, Cramer commented about the lack of cash on THK's balance sheet and The THK executive agreed that they would need to issue more shares to raise cash. Cramer then commented to wait until this event occurs before taking a position.

It was a terrible interview in the sense that Cramer cut him off before he had a chance to explain the company's strategic plans going forward and how the acquistions would be accretive to earnings. As a matter of fact, nothing was discussed about any acquisitions at all.

My take is that they will have to issue additional shares to raise cash and the market probably is reflecting that fact in the pps.

I'm long quite a number of shares and am looking at this as a long term investment.