KowaBunga! Inc fka KOW (KOW)

[abh3vt]

I just had to laugh at my post which remarked on the lack of selling below 2.90....here we are now at 2.29, with the low of the day at 2.24. Boy was I wrong about that!

Who knows where the bottom is right now? Its strange that the company hasn't come out with some kind of reassurance for investors; its possible that we aren't close enough to the end of the quarter to make a positive statement yet.

The stock is trading as if the quarter and outlook are being reduced dramatically....or it could be just an unfortunate long suffering from a margin call.

THK is a great value at current levels if Q2 and the rest of the year are clearly on track...or a value trap if they aren't.

Q4 and Q1 were hit by expenses (bad debt, travel, legal) that shouldn't be as bad in Q2. We know that they *could* have earned closer to 0.05 in Q4 and 0.04 in Q1 had they not incurred those expenses.

I sure wish I knew who or what was the source of all the selling down here!