KowaBunga! Inc fka KOW (KOW)

[Kdin2005]

IMHO is that the stock price has dropped to the current level due to the Jacobs Family Trust selling 250k shares as well as the 347,500 shares Kellogg group/Granite Capital investors dumped within a two week time span has overhelmed the stock price and has created an impressive buying opportunity. Keep in mind, the avg volume for this stock is only 130k/day, as well as, the psychology associated when an insider sells. I don't blame Jacobs for taking some money off the table, the Jacobs trust is still holding around 3.2 million shares.

Take a look at the forward P/E of this stock, it is currently trading at 18x earnings (using the forecasted eps of .20/share) compared to its current P/E level of 36x earnings (after taxes). What does this tell us?

This is a no brainer folks, a stock of this caliber is trading at a deep discount.