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Post# of 648882
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HoosierHoagie

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HoosierHoagie

Re: EZ2 post# 461707

Wednesday, 05/16/2012 12:21:44 PM

Wednesday, May 16, 2012 12:21:44 PM

Post# of 648882
Though its Q1 results missed estimates and its 2012 revenue guidance of $250M is well below a $310.9M consensus, KIT Digital (KITD +6.6%) is bouncing off its all-time lows, as investors decide enough bad news is baked in. Also possibly helping is a 13-D from activist investor Costa Brava. The firm discloses it has boosted its stake in KIT, which has seen a management shakeup, to 6.3%, and is nominating 6 members to the company's board.

I have to stop saying..."How stupid can you be?"

Some people are taking it as a Challenge...**Grins**

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